This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. advanced 5.6% to $181.94 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.8% to 5,363.36 and the Dow Jones Industrial Average rising 1.6% to 40,212.71.
Broadcom Inc. closed 27.8% 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 3.1% to $110.93, Qualcomm Inc. rose 3.6% to $139.25, and Intel Corp. fell 0.70% to $19.74.
Trading volume totaled 33.7 million, compared to the 50-day average of 34.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 11, 2025 16:34 ET (20:34 GMT)
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