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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 ...
Broadcom currently sports a trailing price-to-earnings (P/E) ratio of 64. That's expensive when compared to the Nasdaq-100 index's earnings multiple of 31 (using the index as a proxy for tech stocks).
Today, each share trades for about $170, versus $1,600 just a few weeks ago. Broadcom stock, even at its high per-share price tag, climbed more than 40% in the first half of the year, adding to a ...
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 ...
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.
Using today's price of $1,678 as a guide, the new price after market open would be around $167. ... Investors welcomed Broadcom's stock split announcement, pushing the shares to a 12% gain in one ...
Broadcom split its stock 10-for-1 on July 15. So this latest run-up has nothing to do with the stock split, only its business results and its outlook. Broadcom is involved in multiple industries.
On June 12, when Broadcom released its fiscal second-quarter operating results (the company's second quarter ended May 5), it announced a 10-for-1 forward-stock split. This is, technically ...