Broadcom Inc. (AVGO) Suffers a Larger Drop Than the General Market: Key Insights

The latest trading session saw Broadcom Inc. (AVGO) ending at $149.26, denoting a -1.37% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%. Heading into today, shares of the chipmaker had lost 4.94% over the past month, lagging the Computer and Technology sector's loss of 2.41% and the S&P 500's loss of 0.26% in that time. The upcoming earnings release of Broadcom Inc. wi ...