Why Broadcom Stock Is Plummeting Today

Broadcom (NASDAQ: AVGO) stock is falling rapidly in Friday's daily trading session. The company's share price was down 11.7% as of 3 p.m. ET.After yesterday's market close, Broadcom published results for the fourth quarter of its last fiscal year -- a period that ended Nov. 2. The company posted sales and earnings for the period that topped Wall Street's expectations, but bearish momentum is surging in response to other performance indicators.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool