Broadcom Revenue Miss Drags S&P 500, Nasdaq Lower at Open, Dents Chip Stocks
Reported by Reuters
Sentiment
Negative
Importance
7
Price
$413.88
Mkt Cap
$1.96T
52W Low
$241.11
52W High
$495
Market data snapshot near publication time
Summary
Broadcom's second-quarter revenue miss, which previously sent its shares down over 13% in extended trading, caused the S&P 500 and Nasdaq to slide at market open. This confirms the negative sentiment from the earnings miss is broadly impacting the chip sector and major indices. The market is reacting to the miss against analyst expectations, despite the company reporting strong absolute Q2 results in its 8-K yesterday.
At the time of this announcement, AVGO was trading at $413.88 on NASDAQ in the Technology sector, with a market capitalization of approximately $2T. The 52-week trading range was $241.11 to $495.00. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
AVGO - Latest Insights
AVGO
Jun 17, 2026, 10:06 PM EDT
Price at Filing:
$398.50
Real-time Price:
$398.50
Change:
$0 (0%)
Market Cap:
$1.869T
AVGO
Jun 12, 2026, 3:13 AM EDT
Price at Filing:
$385.40
Real-time Price:
$398.50
Change:
+$13.10 (+3%)
Market Cap:
$1.869T
AVGO
Jun 11, 2026, 9:07 AM EDT
Price at Filing:
$378.16
Real-time Price:
$398.50
Change:
+$20.34 (+5%)
Market Cap:
$1.869T
AVGO
Jun 10, 2026, 3:13 AM EDT
Price at Filing:
$388.99
Real-time Price:
$398.50
Change:
+$9.51 (+2%)
Market Cap:
$1.869T
AVGO
Jun 09, 2026, 9:06 AM EDT
Price at Filing:
$403.19
Real-time Price:
$398.50
Change:
-$4.69 (-1%)
Market Cap:
$1.869T
AVGO
Jun 07, 2026, 10:53 PM EDT
Price at Filing:
$385.00
Real-time Price:
$398.50
Change:
+$13.50 (+4%)
Market Cap:
$1.869T
AVGO
Jun 05, 2026, 4:27 PM EDT
Price at Filing:
$385.60
Real-time Price:
$398.50
Change:
+$12.90 (+3%)
Market Cap:
$1.869T
AVGO
Jun 04, 2026, 5:06 PM EDT
Price at Filing:
$417.69
Real-time Price:
$398.50
Change:
-$19.19 (-5%)
Market Cap:
$1.869T
AVGO
Jun 04, 2026, 9:31 AM EDT
Price at Filing:
$413.88
Real-time Price:
$398.50
Change:
-$15.38 (-4%)
Market Cap:
$1.869T
AVGO
Jun 04, 2026, 3:14 AM EDT
Price at Filing:
$413.21
Real-time Price:
$398.50
Change:
-$14.71 (-4%)
Market Cap:
$1.869T