Broadcom Inc (NASDAQ: AVGO), a leading name in the technology and semiconductor sector, saw its shares rise during Thursday’s trading session. The stock closed the day at 192.31 USD, reflecting positive investor activity.
This closing value represents a gain of 4.16 USD, or 2.21 percent, from the previous day’s closing price of 188.15 USD. The trading day for AVGO started at 186.92 USD. Early trading saw the stock dip to its low for the day at 186.89 USD. However, momentum shifted positively, driving the shares to an intraday high of 193.37 USD before settling slightly lower at the close. The session chart shows initial fluctuations followed by a strong upward move in the afternoon.
Following the official close on April 25th (timestamp 7:59 pm GMT-4), after-hours trading indicated a slight pullback, with the stock quoted at 192.00 USD, down 0.31 USD (0.16 percent).
Broadcom’s current stock price is significantly higher than its 52-week low of 122.33 USD but remains below the 52-week high of 251.87 USD. Key financial data points provided in the summary include a market capitalization of approximately 90.42KCr, a Price-to-Earnings ratio of 92.74, and a dividend yield of 1.23 percent.
