DJ Broadcom Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Broadcom Inc. $(AVGO)$ slid 1.09% to $392.47 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
The stock's fall snapped a three-day winning streak.
Broadcom Inc. closed 20.71% short of its 52-week high of $495.00, which the company achieved on June 3rd.
Despite its losses, the stock outperformed some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ fell 1.56% to $208.76, Qualcomm Inc. $(QCOM)$ fell 2.57% to $171.11, and Intel Corp. $(INTC)$ fell 2.33% to $100.23.
Trading volume (16.2 M) remained 11.3 million below its 50-day average volume of 27.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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(END) Dow Jones Newswires
July 23, 2026 16:31 ET (20:31 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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