Why Broadcom Inc. (AVGO) Outpaced the Stock Market Today

The latest trading session saw Broadcom Inc. (AVGO) ending at $161.38, denoting a +1.1% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq increased by 0.16%.The chipmaker's shares have seen an increase of 6.26% over the last month, surpassing the Computer and Technology sector's gain of 2.69% and the S&P 500's gain of 2.97%.The investment community will be closely ...