This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. climbed 18.7% to $185.15 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 9.5% to 5,456.90 and the Dow Jones Industrial Average rising 7.9% to 40,608.45.
This was the stock's third consecutive day of gains.
Broadcom Inc. closed 26.5% short of its 52-week high of $251.88, which the company reached on December 16th.
The stock demonstrated a mixed performance when compared to some of its competitors, as NVIDIA Corp. rose 18.7% to $114.33, Qualcomm Inc. rose 15.2% to $143.59, and Intel Corp. rose 18.75% to $21.53.
Trading volume totaled 71.7 million, compared to the 50-day average of 33.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 09, 2025 16:34 ET (20:34 GMT)
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