Broadcom shares surge approximately 25% over four trading days
AVGO Broadcom Inc
$364.36 +5.54%
View chart & analysis → - 1Broadcom shares rose approximately 25% over four trading days after closing at $293.69 on November 6.
- 2This marks one of only six instances since 2009 where the stock rose more than 20% in four trading days.
- 3Broadcom achieved a 96% year-over-year growth rate in adjusted earnings per share.
So what's the key point?
Broadcom's stock price rose significantly by 25% in just four days. This surge was driven by the company's earnings per share increasing by 96% compared to last year.
Source The Motley Fool +1 · View original ↗
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