Broadcom Shares Finish Strong Wednesday, Gain Further After Market Close
NEW YORK, USA – Broadcom Inc (NASDAQ: AVGO) stock ended Wednesday’s trading session with significant gains, and continued its upward trajectory in after-hours trading on April 24th.
The stock closed the regular market hours at 188.15 USD, marking a substantial rise of $11.24, or 6.35%, from the previous day’s close of 176.91 USD. The positive momentum carried over into extended trading. As of 7:58 PM Eastern Time (GMT-4), Broadcom shares were quoted at 189.87 USD after hours, an additional increase of $1.72 (0.91%).
Wednesday’s main trading session saw Broadcom open at 179.69 USD. The stock climbed steadily, reaching an intraday high of 188.57 USD and hitting a low of 178.30 USD. The closing price was very near the session’s peak, reflecting consistent buying interest throughout the day, as depicted in the price chart.
Key financial data for Broadcom as of the close includes:
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Market Cap: Approximately 88.47 Billion USD (indicated as 88.47KCr).
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P/E Ratio: Recorded at 90.73.
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Dividend Yield: The stock offers a dividend yield of 1.25%.
The closing price on Wednesday sits well within the stock’s 52-week range. The highest price achieved over the past year was 251.88 USD, while the lowest was 122.33 USD.
Investor attention remains focused on Broadcom following its strong daily performance and continued positive movement in the after-hours market.
