Stock Market Today, Dec. 15: Broadcom Falls After AI Margin Concerns Weigh Stock
Broadcom (NASDAQ:AVGO)designer and supplier of semiconductor devices and infrastructure software solutions worldwide, closed Monday’s session at $339.86, down 5.6%. Trading volume reached 55.8 million shares, about 126% above its three-month average of 24.7 million shares. Trading on Monday featured renewed pressure on Broadcom after recent earnings, with investors focusing on AI-driven revenue growth in the…