Broadcom Inc. Stock Underperforms Thursday When Compared To Competitors

Dow Jones11-15

DJ Broadcom Inc. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Broadcom Inc. $(AVGO)$ slid 1.84% to $170.38 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.60% to 5,949.17 and Dow Jones Industrial Average falling 0.47% to 43,750.86.

This was the stock's fifth consecutive day of losses.

Broadcom Inc. closed $16.04 short of its 52-week high ($186.42), which the company reached on October 9th.

The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 0.33% to $146.76.

Trading volume (18.8 M) remained 5.8 million below its 50-day average volume of 24.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 14, 2024 16:33 ET (21:33 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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