Broadcom shares fall despite AI gains
Broadcom Inc. stock dropped in the premarket Friday, adding to losses after the company’s AI sales outlook didn’t meet bullish investor hopes. AVGO was last at $410.95 ahead of the open, off 1.9% from Thursday’s $418.91 finish. Premarket trading, which happens before markets open at 9:30 a.m. ET, tends to see lighter volume.
