• AVGO is trading at $362.47 (-3.06%) following a downgrade by Erste Group on valuation concerns, amidst a broader tech sell-off.
  • The decline follows a +3.73% close on July 6, driven by the extension of Broadcom's partnership with Apple through 2031.
  • Today's move aligns with broader chip sector weakness and profit-taking, which is impacting the technology market.