Workflow
Here's why the Broadcom (AVGO) stock price is in a correction
AVGOBroadcom(AVGO) Invezz·2024-04-22 13:34

Broadcom (NASDAQ: AVGO) stock price has entered a deep correction zone as the recent rally faded. It has collapsed by over 15% from its highest point this year and is hovering at its lowest level since February this year. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Internal and external factorsCopy link to sectionThere are three main reasons why the AVGO share price has entered a correction phase – defined as a 10% drop from a recent high.  First, ...