AVGO Stock Split: Broadcom Plans to Split Its Stock on a 10-for-1 Basis

Another leading tech company is getting ready to split its stock in the coming weeks. Broadcom (NASDAQ:AVGO) recently reported second-quarter earnings, beating analyst estimates on both adjusted EPS and revenue. However, that isn’t the only positive development for the semiconductor giant. Indeed, Broadcom is planning a 10-for-1 stock split, scheduled to take effect on July 15.This news gives investors about one month to stock up on AVGO stock in order to benefit from the split. However, as AVGO currently t ...