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Why Broadcom Stock Slumped Today

TheMotleyFool

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Why Broadcom Stock Slumped Today: https://g.foolcdn.com/editorial/images/789986/chip-connected-to-some-circuits.jpg

Shares of Broadcom (NASDAQ: AVGO) were heading lower on Friday after the semiconductor and software giant posted good-but-not-good-enough results in its fiscal third-quarter earnings report and guidance was weaker than expected.

As of 3:10 p.m. ET, the stock was down 9.7% on the news.

Image source: Getty Images.

Source Fool.com

Broadcom Ltd. Stock

There is an upward development for Broadcom Ltd. compared to yesterday, with an increase of €3.42 (2.540%).
With 68 Buy predictions and 1 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 1379 € there is potential for a 900.44% increase which would mean more than doubling the current price of 137.84 € for Broadcom Ltd..

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