Broadcom shares are trading higher after the company reported better-than-expected Q2 financial results, issued strong revenue guidance and announced a 10-for-1 forward split.
Portfolio Pulse from Benzinga Newsdesk
Broadcom shares are trading higher after the company reported better-than-expected Q2 financial results, issued strong revenue guidance, and announced a 10-for-1 forward split.
June 13, 2024 | 11:10 am
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Broadcom (AVGO) shares are trading higher following the release of better-than-expected Q2 financial results, strong revenue guidance, and the announcement of a 10-for-1 forward split.
The combination of better-than-expected Q2 financial results, strong revenue guidance, and a 10-for-1 forward split is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100