Broadcom Continues On Bearish Trend

Broadcom Inc. (AVGO) shares are down more than 4 percent on Thursday morning trade, continuing a decline for the last few days. There were no corporate announcements on the day to influence the stock movement.

The shares are currently at $501.70, down 4.75 percent from the previous close of $526.71 on a volume of 1,009,313. The shares have traded in a range of $455.71-$677.76 on average volume of 2,401,839.

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