This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. slid 4.9% to $207.93 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 43,461.21 and the S&P 500 Index falling 0.5% to 5,983.25.
This was the stock's third consecutive day of losses.
Broadcom Inc. closed 17.4% short of its 52-week high of $251.88, which the company achieved on December 16th.
The stock underperformed when compared to some of its competitors, as NVIDIA Corp. fell 3.1% to $130.28, Qualcomm Inc. fell 2.6% to $161.10, and Intel Corp. fell 2.41% to $24.27.
Trading volume totaled 32.7 million, compared to the 50-day average of 35.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 24, 2025 16:34 ET (21:34 GMT)
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