This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Broadcom Inc. rallied 3.9% to $263.77 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.1% to 6,092.18 and the Dow Jones Industrial Average rising 1.2% to 43,089.02.
This was the stock's second consecutive day of gains.
Broadcom Inc. closed 0.6% short of its 52-week high of $265.43, which the company achieved on June 4th.
The stock demonstrated a mixed performance when compared to some of its competitors, as NVIDIA Corp. rose 2.6% to $147.90, Qualcomm Inc. rose 1.7% to $155.71, and Intel Corp. rose 6.42% to $22.55.
Trading volume totaled 31.8 million, compared to the 50-day average of 23.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 24, 2025 16:35 ET (20:35 GMT)
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