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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.

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€269.85
-2.730%
We can see a decrease in the price for Broadcom Ltd.. Compared to yesterday it has lost -€7.550 (-2.730%).
With 91 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 318 € there is a slightly positive potential of 17.84% for Broadcom Ltd. compared to the current price of 269.85 €.
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