$Broadcom(AVGO.US)$ Lots of FOMO bagholders who got in at 1700+ hoping for quick profits similar to NVDA based on stock split news. Now that NVDA is starting to pullback, its not what they expected. Even if price makes a technical retracement back to 1700s theyll be quick to exit positions / reduce loss as much as possible, leading to further drop after. Remember the gap up was around 1500