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Specifically, Broadcom announced a 10-for-1 stock split after the market closed on June 12. Its share price has increased 3% since the market opened the following day, leaving implied upside of ...
Not only did the chip giant's revenue and earnings coast past consensus estimates, but management also announced a 10-for-1 forward stock split that will go into effect on July 15.
Broadcom is planning a 10-for-1 stock split, so if you hold one share, you'll receive an extra nine after the July 12 market close. The stock will begin trading at the split-adjusted price on July 15.
"[W]e are announcing a 10-for-1 forward stock split of Broadcom's common stock, to make ownership of Broadcom stock more accessible to investors and employees," said the company's Chief Financial ...
Investors welcomed Broadcom's stock split announcement, pushing the shares to a 12% gain in one trading session. The market generally likes stock splits for two reasons: They suggest a company is ...
Historically, stock-split players have delivered an average total return of more than 25% over this period, compared to a return of just under 12% for the S&P 500, according to Statista, citing ...
Broadcom (NASDAQ: AVGO) has scheduled its 10-for-1 stock split for after the close of trading on July 12; shares will begin trading on a split-adjusted basis as of the opening bell on July 15. The ...
Before you buy stock in Broadcom, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Broadcom wasn ...