Daily Analysis

BROADCOM INC. (AVGO) opened with a gap down on Dec 12, 2024 (Thursday), experienced volatility 3.32%

BROADCOM INC. (AVGO) stock analysis on Dec 12, 2024 (Thursday)

 
   Date:  Dec 12, 2024 (Thursday)

   open:  $180.93     close:  $180.66
   low :  $176.00     high :  $181.99
  
   previous close:  $183.20

On Dec 12, 2024 (Thursday), BROADCOM INC. (AVGO) in the technology sector showed bearish momentum. The stock belongs to the semiconductors industry within the technology sector.

The stock opened with a gap down at $180.93, compared to the previous close of $183.20 (a gap down of -1.24%).

The stock hit a high of $181.99 and a low of $176.00, creating a trading range of $5.99. The price movement was -0.15% lower than the opening price.

The stock saw a significant increase in trading activity, trading 33,561,825 shares, which is up 54.23% from the average of 21,761,125 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed moderate volatility (3.32%) with movement between $176.00 and $181.99.

Even though the market is bullish, the stock closed lower—kind of going against the flow.

Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.