Broadcom (AVGO) Stock Skyrockets Nearly 19% in Dramatic Trading Session

NEW YORK, NY – Broadcom Inc. (NASDAQ: AVGO) shares experienced a significant surge, closing sharply higher according to recent market data. The semiconductor and infrastructure software solutions provider’s stock price saw a dramatic increase within the observed trading period.

Data sourced from TradingView indicates that Broadcom’s stock price settled at 185.15 USD. This marks a substantial gain of +29.12 USD per share, representing an +18.66% increase as of the close recorded at 05:29 GMT+5:30.

The accompanying AVGO price chart visually confirms this strong upward momentum. After trading at lower levels earlier in the depicted session, the stock price initiated a steep climb around the 23:00 mark, maintaining most of those gains into the later hours shown on the chart.

This significant single-day jump contributes to a positive 5-day performance, showing a gain of +15.33%. While the 1-day and 5-day figures are strong, the year-to-date performance currently stands at -21.60%. Longer-term metrics provided show a 1-year gain of +36.40% and a 5-year return of +596.60% for the Nasdaq-listed stock.