Options Trades in AVGO and SMCI
Portfolio Pulse from
Broadcom (AVGO) experienced a significant drop in performance after reaching an all-time high, while Supermicro (SMCI) is facing challenges due to an accounting investigation and its impending removal from the Nasdaq-100.
December 17, 2024 | 4:45 pm
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NEGATIVE IMPACT
Broadcom (AVGO) is experiencing a decline in performance after reaching an all-time high, making it one of the worst performers in the S&P 500.
The decline in Broadcom's stock price after reaching an all-time high suggests a potential correction or profit-taking by investors, impacting its short-term performance negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Supermicro (SMCI) is dealing with the consequences of an accounting investigation and is set to be removed from the Nasdaq-100.
The accounting investigation and removal from the Nasdaq-100 are likely to negatively impact investor confidence and SMCI's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90