Broadcom (AVGO) Stock Sees Strong Finish: Shares Pop in Late Trading and After Hours

Broadcom Inc. (NASDAQ: AVGO) demonstrated notable strength in the stock market on Friday, April 22nd, closing the regular trading session with gains and pushing even higher in post-market activity.

The semiconductor and infrastructure software solutions provider finished the NASDAQ day at

3.37, or +2.03%, compared to its previous closing price of $166.21. Throughout the session, AVGO shares navigated a range between a low of $165.22 and a peak of $170.52, indicating robust trading volume.

Investor enthusiasm appeared to carry over after the official market close. In after-hours trading, Broadcom’s stock price advanced further, reaching

4.67, or +2.75%, to its value based on the closing price.

The day’s performance contributes to Broadcom’s position relative to its annual benchmarks, sitting comfortably above the 52-week low of $120.14, while still trading below the 52-week high of $251.87. Key financial metrics noted at the close included a Price-to-Earnings (P/E) ratio of 81.78 and a dividend yield of 1.39%.

The intraday chart shows a significant upward movement in the latter part of the trading session, a trend that accelerated into the extended trading period, suggesting building momentum for AVGO shares heading into the next market opening.