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What Turned Broadcom Stock’s Rally into a Downtrend?

Paige Tanner
What Turned Broadcom Stock’s Rally into a Downtrend?

Broadcom (AVGO) stock has delivered good returns to its shareholders due to its strong execution of mergers and acquisitions. Since the start of 2018, Broadcom’s stock price has fallen 18.0%. Although Broadcom’s overall business is strong, uncertainty surrounding the new acquisition is impacting its stock price.