Why Broadcom Stock Fell Today
(NASDAQ: AVGO) stock slipped in Friday's trading. The semiconductor company's share price ended the daily session down 1.5% and had been down as much as 3.5% earlier in trading. The S 500 closed the day up 0.2%, and the Nasdaq Composite was up 0.6%.
Broadcom's valuation today lost ground today in response to an earnings report from another major player in the semiconductor market. Despite the pullback, the stock is still up 33% over the last year.
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Source Fool.com
Broadcom Ltd. Stock
€273.85
-1.880%
The stock is one of the favorites of our community with 91 Buy predictions and 1 Sell predictions.
As a result the target price of 304 € shows a slightly positive potential of 11.01% compared to the current price of 273.85 € for Broadcom Ltd..
