This Is What Whales Are Betting On Broadcom
A whale with a lot of money to spend has taken a noticeably bearish stance on Broadcom.
Looking at options history for Broadcom (NASDAQ:AVGO) we detected 13 strange trades.
If You Invested $100 In This Stock 10 Years Ago, You Would Have $1,400 Today
Broadcom (NASDAQ:AVGO) has outperformed the market over the past 10 years by 19.81% on an annualized basis producing an average annual return of 30.5%. Currently, Broadcom has a market capitalization of $193.06 billion.
Peering Into Broadcom’s Recent Short Interest
Broadcom's (NASDAQ:AVGO) short percent of float has fallen 14.01% since its last report. The company recently reported that it has 5.29 million shares sold short, which is 1.78% of all regular shares that are available for trading.
Broadcom Seeks Early European Approval For VMware’s $61B Buyout
In a bid to diversify its business into enterprise software, U.S. chipmaker Broadcom Inc (NASDAQ:AVGO) agreed in May to acquire…
Broadcom to Seek Early European Union Antitrust Approval of Its Proposed $61B Purchase of VMware
-Reuters
https://www.reuters.com/markets/deals/broadcom-banking-early-eu-approval-61-bln-vmware-deal-sources-2022-10-16/
10 Information Technology Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Amidst Turmoil In Semiconductor Chip Space, Analyst Picks 3 Stocks That Can Survive The Storm
Mizuho hosted its quarterly handset industry call for checks on the state of the global handset supply chain amidst escalating geopolitical risks and deteriorating macro conditions.
Analyst Vijay Rakesh listed his key takeaways.
Handset component inventory was more than two times standard as distribution channels remain stressed.
Stocks That Hit 52-Week Lows On Monday
During Monday's trading, 528 companies set new 52-week lows.
Shares of China Chip Stocks Fall Following U.S. Calls for Tighter Controls on High-end Tech
-CNBC
https://www.cnbc.com/2022/10/10/chinese-chip-stocks-tumble-after-us-calls-for-new-curbs-on-high-end-tech.html