Broadcom Hits Fresh Record High After Stock Split Announcement
Broadcom(AVGO) Investopedia·2024-06-17 17:16
Key TakeawaysBroadcom stock is continuing to rise, setting a new all-time intraday high Monday.Shares have soared since last week's quarterly revenue beat and 10-for-1 stock split announcement.A number of large companies have announced splits in recent months, including Walmart, Chipotle Mexican Grill, and Nvidia. Shares of semiconductor maker Broadcom (AVGO) continued rising Monday, setting a fresh record high and extending a stretch that began with last week's earnings report, which included the announcem ...