Finally, Broadcom Is Splitting Its Stock. But Does It Matter?
Prospective buyers should look beyond the sudden rise in Broadcom stock following the announcement.Many investors may have missed the rise of Broadcom (AVGO 3.34%). As a business-to-business chip and software designer, it may have escaped the notice of many consumer-oriented investors.Nonetheless, amid a nominal stock price of approximately $1,700 per share, Broadcom has finally offered its first stock split (not counting the splits before the old Broadcom was bought by the current company once known as Ava ...