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Broadcom Inc. closed at 224.31 USD on January 10, 7:58 PM GMT-5, registering a loss of 8.91 USD (-3.82%) over the past five days. CCM Investment Advisers LLC, recently reduced its holdings in Broadcom Inc. by 6.2% during the fourth quarter.
The stock opened the session at 227.30 USD and briefly climbed to a high of 227.83 USD, signaling early optimism. However, it faced significant selling pressure, dropping to a low of 221.25 USD during the week.
In after-hours trading, Broadcom slipped further by 0.43 USD (-0.19%), ending at 223.88 USD, indicating continued investor caution.
With a market capitalization of 1.05 LCr, Broadcom remains a key player in the semiconductor sector, despite this week’s decline. The trading range of 221.25 USD to 227.83 USD reflects the stock’s volatility, as broader market concerns influenced investor sentiment.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.