Why Broadcom Stock Fell Today

Broadcom (NASDAQ: AVGO) stock slipped in Friday's trading. The semiconductor company's share price ended the daily session down 1.5% and had been down as much as 3.5% earlier in trading. The S&P 500 closed the day up 0.2%, and the Nasdaq Composite was up 0.6%.Broadcom's valuation today lost ground today in response to an earnings report from another major player in the semiconductor market. Despite the pullback, the stock is still up 33% over the last year. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool