Here's Why Broadcom Inc. (AVGO) Fell More Than Broader Market

In the latest trading session, Broadcom Inc. (AVGO) closed at $1,265, marking a -1.44% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 0.1% for the day. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.3%.Heading into today, shares of the chipmaker had gained 15.87% over the past month, outpacing the Computer and Technology sector's gain of 11.35% and the S&P 500's gain of 5.78% in that time.The upcoming earnings release of ...