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Why Broadcom Stock Slumped Today


Shares of Broadcom (NASDAQ: AVGO) were heading lower on Friday after the semiconductor and software giant posted good-but-not-good-enough results in its fiscal third-quarter earnings report and guidance was weaker than expected.

As of 3:10 p.m. ET, the stock was down 9.7% on the news.

Image source: Getty Images.

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Source Fool.com

Broadcom Ltd. Stock

€335.00
-0.420%
The price for the Broadcom Ltd. stock decreased slightly today. Compared to yesterday there is a change of -€1.400 (-0.420%).
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 18.21% for Broadcom Ltd. compared to the current price of 335.0 €.
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