DJ Broadcom Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Broadcom Inc. (AVGO) shed 1.10% to $351.19 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.25% to 7,651.54 and Dow Jones Industrial Average falling 0.86% to 50,906.05.
Broadcom Inc. closed 29.05% below its 52-week high of $495.00, which the company reached on June 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 0.51% to $228.38, Qualcomm Inc. (QCOM) fell 0.03% to $184.04, and Intel Corp. (INTC) rose 3.71% to $120.23.
Trading volume (18.3 M) remained 4.3 million below its 50-day average volume of 22.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2026.