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Why Broadcom Stock Is Rising Today


Sometimes, it just takes the mention of a new deal with a prominent customer for a stock to grab investors' attention. This is clearly demonstrated today with (NASDAQ: AVGO) stock after the company reported an update on a collaboration with a well-known partner in a regulatory filing.

As of 10:41 a.m ET, shares of Broadcom are up 5%.

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€336.55
0.040%
There is nearly no change for the Broadcom Ltd. stock today. Compared to yesterday it only changed by €0.15.
With 82 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 396 € there is a slightly positive potential of 17.66% for Broadcom Ltd. compared to the current price of 336.55 €.
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