Broadcom Inc. Stock Rallies 4.7%, Outperforms Peers

Dow Jones05-30 04:35

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

Shares of Broadcom Inc. rose 4.7% to $446.77 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,580.06 and the Dow Jones Industrial Average rising 0.7% to 51,032.46.

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

Broadcom Inc. hit a new 52-week high, surpassing its previous peak of $442.36, which the company achieved on May 14th.

The stock outperformed some of its peers, as NVIDIA Corp. fell 1.5% to $211.14, Qualcomm Inc. rose 3.2% to $251.02, and Intel Corp. fell 5.14% to $114.68.

Trading volume totaled 40.5 million, compared to the 50-day average of 21.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

May 29, 2026 16:35 ET (20:35 GMT)

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