This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. rose 5.1% to $212.94 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.0% to 5,956.06 and the Dow Jones Industrial Average falling 0.4% to 43,433.12.
The stock's rise snapped a four-day losing streak.
Broadcom Inc. closed 15.5% short of its 52-week high of $251.88, which the company achieved on December 16th.
The stock outperformed some of its competitors, as NVIDIA Corp. rose 3.7% to $131.28, Qualcomm Inc. rose 0.5% to $162.10, and Intel Corp. rose 2.31% to $23.52.
Trading volume totaled 20.9 million, compared to the 50-day average of 35.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 26, 2025 16:34 ET (21:34 GMT)
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