Reported 12 months ago
Broadcom announced a 10-for-1 stock split, with a share price increase of 6% since the announcement. The company's performance, especially related to artificial intelligence (AI), has drawn investor interest. The split aims to make shares more accessible to investors, with the stock due to split on July 12. Despite the upcoming split, Broadcom's recent revenue growth and strong track record suggest it remains a compelling investment, supported by increasing demand for AI technology and a history of dividend payments.
Source: YAHOO