Why Broadcom Stock Is Plummeting Today
(NASDAQ: AVGO) stock is falling rapidly in Friday's daily trading session. The company's share price was down 11.7% as of 3 p.m. ET.
After yesterday's market close, Broadcom published results for the fourth quarter of its last fiscal year -- a period that ended Nov. 2. The company posted sales and earnings for the period that topped Wall Street's expectations, but bearish momentum is surging in response to other performance indicators.
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Source Fool.com
Broadcom Ltd. Stock
€275.50
0.090%
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 15.43% for Broadcom Ltd. compared to the current price of 275.5 €.
