Scalper1 News
Broadcom late Tuesday reported Q3 earnings that exceeded Wall Street views as the chipmaker emphasized strength in its broadband, connectivity and infrastructure markets. Broadcom (BRCM) stock was up 6.5% in midday trading on the stock market today, near 40. Broadcom stock hit a 12-month high at 41.44 on Sept. 18. The Irvine, Calif.-based company’s Q4 revenue forecast, however, fell short of views. It forecast $2 billion to $2.15 billion. Analysts Scalper1 News
Scalper1 News