Billionaire Ole Andreas Halvorsen Just Sold All of His Broadcom Stock and Piled Into This Year's Top Dow Jones Performer
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Billionaire investor Ole Andreas Halvorsen has sold all his Broadcom stock and invested in this year's top Dow Jones performer. This move was revealed in the recent 13F filings with the SEC, which provide insights into the investment strategies of major institutional investors.
December 12, 2024 | 9:15 am
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Ole Andreas Halvorsen has sold all his shares in Broadcom, indicating a potential lack of confidence in the company's short-term performance.
The complete divestment by a prominent investor like Halvorsen could signal to the market a lack of confidence in Broadcom's short-term prospects, potentially leading to a negative impact on its stock price.
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