Broadcom Inc. Stock Slips 10.4%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Broadcom Inc. tumbled 10.4% to $291.53 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.4% to 7,353.73 and Dow Jones Industrial Average falling 3.4% to 51,523.06.

This was the stock's second consecutive day of losses.

Broadcom Inc. closed 41.1% short of its 52-week high of $495.00, which the company reached on June 3rd.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 9.3% to $181.60, Qualcomm Inc. fell 9.5% to $156.75, and Intel Corp. fell 10.33% to $52.25.

Trading volume totaled 52.8 million, compared to the 50-day average of 24.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 05, 2026 16:35 ET (21:35 GMT)