DJ Broadcom Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Broadcom Inc. $(AVGO)$ shed 2.41% to $360.45 Thursday, 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 7,483.24 and the Dow Jones Industrial Average rising 1.14% to 52,900.07.
This was the stock's second consecutive day of losses.
Broadcom Inc. closed 27.18% below its 52-week high of $495.00, which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ fell 1.39% to $194.83, Qualcomm Inc. $(QCOM)$ fell 3.12% to $176.25, and Intel Corp. $(INTC)$ fell 5.25% to $120.35.
Trading volume (26.4 M) remained 656,509 below its 50-day average volume of 27.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 2, 2026.
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(END) Dow Jones Newswires
July 02, 2026 16:32 ET (20:32 GMT)
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