Broadcom Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones05:33

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. $(AVGO)$ inched 0.50% higher to $165.67 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.

The stock's rise snapped a six-day losing streak.

Broadcom Inc. closed $20.75 below its 52-week high ($186.42), which the company reached on October 9th.

The stock outperformed some of its competitors Monday, as NVIDIA Corp. $(NVDA)$ fell 1.29% to $140.15.

Trading volume (17.8 M) remained 5.4 million below its 50-day average volume of 23.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 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 18, 2024 16:33 ET (21:33 GMT)

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

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