Expand NASDAQ: AVGO Broadcom Today's Change (-7.49%) $-31.39 Current Price $387.52 Key Data Points Market Cap $2.0T Day's Range $386.37 - $410.32 52wk Range $241.11 - $495.00 Volume 1.9M Avg Vol 25.4M Gross Margin 65.66% Dividend Yield 0.59% Broadcom (AVGO 7.49%), which designs and supplies semiconductor devices and infrastructure software solutions, closed Friday at $385.73, down 7.92%. The stock is sliding as investors continue reacting to disappointing AI chip sales guidance and valuation concerns following record Q2 results, and they are watching how AI bookings and long-term AI revenue targets evolve.
Stock Market Today, June 5: Broadcom Falls as Strong AI Results Fail to Lift Guidance
Source: The Motley Fool