After the end of business hours on Friday EST 7/12, Broadcom...
After the end of business hours on Friday EST 7/12, Broadcom plans to implement a “1 split 10 minute split,” and stocks after the split will begin trading before the market on 7/15.
Since the official announcement of the stock split plan,$Broadcom (AVGO.US)$An increase of 14% or more has been accumulated from the performance of Broadcom's financial results for the second quarter exceeded expectations,$NVIDIA (NVDA.US)$The full-year earnings forecast was raised in line with the pace ofAccording to historical data, stock splits are usually viewed as a bullish signal from the marketInvestors will be able to buy lower transaction prices through splits, which will increase liquidity. Related analysts have shown a bullish view on Broadcom's stock split.