Broadcom Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones11-21 05:33

DJ Broadcom Inc. Stock Underperforms Wednesday When Compared To Competitors

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

Shares of Broadcom Inc. $(AVGO)$ slid 1.27% to $163.25 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.

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

Broadcom Inc. closed $23.17 below its 52-week high ($186.42), which the company achieved on October 9th.

The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 0.76% to $145.89.

Trading volume (16.2 M) remained 6.2 million below its 50-day average volume of 22.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 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 20, 2024 16:33 ET (21:33 GMT)

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

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