Broadcom Stock Is Having Its Worst Post-Earnings Drop on Record. What Is Behind the Tumble.

Broadcom Stock Is Having Its Worst Post-Earnings Drop on Record. What Is Behind the Tumble.·Barrons.com
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Broadcom stock was having its worst post-earnings reaction on record. Shares fell after the chip maker gave a disappointing outlook for its October quarter despite beating earnings estimates. Broadcom reported adjusted earnings per share of $1.24 for its fiscal third quarter, topping the Wall Street consensus of $1.22 a share.

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