This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. rose 3.4% to $252.91 on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 42,865.77 and the S&P 500 Index falling 0.3% to 6,022.24.
This was the stock's second consecutive day of gains.
Broadcom Inc. closed 4.7% short of its 52-week high of $265.43, which the company achieved on June 4th.
The stock outperformed some of its competitors, as NVIDIA Corp. fell 0.8% to $142.83, Qualcomm Inc. rose 0.2% to $159.48, and Intel Corp. fell 6.34% to $20.68.
Trading volume totaled 24.5 million, compared to the 50-day average of 27.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 11, 2025 16:34 ET (20:34 GMT)
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