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 0.29% higher to $229.31 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.

Broadcom Inc. closed $22.57 below its 52-week high ($251.88), which the company reached on December 16th.

The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 0.02% to $140.11.

Trading volume (18.2 M) remained 12.5 million below its 50-day average volume of 30.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.

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

January 08, 2025 16:33 ET (21:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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