AVGO: Why Broadcom Stock Jumped 110%?
Broadcom (AVGO)’s stock didn’t merely rise - it soared over 100%, driven by more than just impressive figures. A nearly 10% increase in revenue and a remarkable 71% rise in net margin suggested enhanced efficiency, but the true excitement lay just beneath the surface.SAN JOSE, CALIFORNIA - JUNE 03: A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California. Chipmaker Broadcom will report second quarter earnings today after the closing bell and is expected to beat analyst expecta ...