Today: 22 March 2026
Subscribe
Browse Category

NYSE:AVGO 16 January 2026

Broadcom stock price rises as chip rally returns — China curbs and RBC call in focus

Broadcom stock price rises as chip rally returns — China curbs and RBC call in focus

Broadcom shares rose 1.8% to $349.27 Friday morning, rebounding after a midweek drop linked to reports China told firms to stop using VMware software. RBC began coverage with a Sector Perform rating and $370 target, citing uncertainty in AI demand. Broadcom recently issued $4.5 billion in senior notes for general purposes and debt repayment. Chip stocks broadly gained after TSMC’s strong results and 2026 spending plans.
16 January 2026
···

Stock Market Today

  • Hycroft Mining (HYMC) Faces Share Price Drop Amid High Price-to-Book Ratio
    March 22, 2026, 10:38 AM EDT. Hycroft Mining Holding (HYMC) shares fell 6.9% last week and 27% over the past month, sliding to US$30.00 amid mounting concerns. Despite a net loss of US$40.7 million and no current revenue, the stock holds a high price-to-book (P/B) ratio of 12.8 times, suggesting strong investor bets on future growth rather than present earnings. This valuation is low compared to peer gold producers averaging 47.2x but significantly exceeds the broader US Metals and Mining industry average of 2.1x. The mix of recent price weakness and prior gains reflects market division, amid risks tied to single-asset exposure and execution uncertainty. At a market value near US$2.7 billion, Hycroft's outlook remains a key focus for investors assessing potential returns against possible setbacks.
Go toTop