This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. rose 5.4% to $154.14 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.2% to 5,062.25 and Dow Jones Industrial Average falling 0.9% to 37,965.60.
The stock's rise snapped a two-day losing streak.
Broadcom Inc. closed 38.8% short of its 52-week high of $251.88, which the company reached on December 16th.
The stock outperformed some of its competitors, as NVIDIA Corp. rose 3.5% to $97.64, Qualcomm Inc. rose 1.8% to $129.72, and Intel Corp. fell 1.41% to $19.57.
Trading volume totaled 67.8 million, compared to the 50-day average of 32.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 07, 2025 16:34 ET (20:34 GMT)
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