Broadcom Inc. (AVGO) Stock Sinks As Market Gains: Here's Why

Broadcom Inc. (AVGO) closed the most recent trading day at $1,303.11, moving -0.55% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.13%. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Shares of the chipmaker have depreciated by 1.93% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.89% and the S&P 500's loss of 0.35%.The upcoming earnings release of ...