Broadcom's Q2 results exceeded expectations, and a 10-for-1 stock split was announced, increasing shares by 6% since June 12.
Broadcom's fiscal 2024 Q2 results surpassed Wall Street's expectations, and a 10-for-1 stock split announcement has boosted shares 6% since June 12. With a 93% increase in share price over the past year, the stock split, scheduled for July 12, could make Broadcom a once-in-a-generation investment opportunity, particularly in light of the company's involvement in the AI ecosystem.
June 30, 2024
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