Reported about 6 hours ago
Broadcom Inc. (NASDAQ:AVGO) experienced a considerable decline in share price, falling 5% to $246.93 just two days after reporting record earnings for Q2 2025, which included $4.965 billion in net income and $15 billion in revenue. Despite strong growth in AI semiconductor solutions, investors appeared to have anticipated the earnings report, resulting in AVGO being ranked as one of the worst-performing stocks of the day. The company also announced a cash dividend of $0.59 per share payable at the end of June.
Source: YAHOO