Broadcom Inc. Stock Rises Friday, Still Underperforms Market

Dow Jones05:33

DJ Broadcom Inc. Stock Rises Friday, Still Underperforms Market

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

Shares of Broadcom Inc. $(AVGO)$ inched 0.18% higher to $164.23 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.

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

Broadcom Inc. closed $22.19 below its 52-week high ($186.42), which the company achieved on October 9th.

The stock outperformed some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ fell 3.22% to $141.95.

Trading volume (12.9 M) remained 8.7 million below its 50-day average volume of 21.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 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 22, 2024 16:33 ET (21:33 GMT)

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

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