Broadcom Inc. (AVGO) Laps the Stock Market: Here's Why

Broadcom Inc. (AVGO) ended the recent trading session at $1,107.68, demonstrating a +0.7% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.The chipmaker's stock has dropped by 0.59% in the past month, falling short of the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52%.Market participants will be closely following the financial results of Broadcom Inc. in i ...