DJ Broadcom Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Broadcom Inc. $(AVGO)$ slipped 2.80% to $166.21 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
This was the stock's third consecutive day of losses.
Broadcom Inc. closed 34.01% below 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 Monday, as NVIDIA Corp. $(NVDA)$ fell 4.51% to $96.91, Qualcomm Inc. $(QCOM)$ fell 0.38% to $136.14, and Intel Corp. $(INTC)$ fell 0.48% to $18.84.
Trading volume (21.3 M) remained 12.1 million below its 50-day average volume of 33.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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April 21, 2025 16:31 ET (20:31 GMT)
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