DJ Broadcom Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Broadcom Inc. $(AVGO)$ rallied 3.97% to $164.56 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.75% to 5,595.76 and the Dow Jones Industrial Average rising 0.58% to 41,096.77.
This was the stock's fourth consecutive day of gains.
Broadcom Inc. closed $20.60 short of its 52-week high ($185.16), which the company reached on June 18th.
The stock outperformed some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 1.92% to $119.14.
Trading volume (43.4 M) eclipsed its 50-day average volume of 30.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 12, 2024.
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(END) Dow Jones Newswires
September 12, 2024 16:34 ET (20:34 GMT)
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