This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. rallied 4.8% to $388.69 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,482.71 and Dow Jones Industrial Average falling 1.1% to 52,348.39.
Broadcom Inc. closed 21.5% below its 52-week high of $495.00, which the company reached on June 3rd.
The stock outperformed some of its peers, as NVIDIA Corp. rose 3.7% to $204.12, Qualcomm Inc. rose 2.0% to $186.56, and Intel Corp. fell 0.14% to $110.24.
Trading volume totaled 30.7 million, compared to the 50-day average of 27.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 08, 2026 16:35 ET (20:35 GMT)
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