Shares of Broadcom Inc. AVGO, +1.33% advanced 1.33% to $585.45 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.31% rising 0.31% to 3,982.24 and the Dow Jones Industrial Average DJIA, +0.22% rising 0.22% to 32,889.09. Broadcom Inc. closed $59.86 below its 52-week high ($645.31), which the company achieved on March 29th.
The stock outperformed some of its competitors Monday, as NVIDIA Corp. NVDA, +0.92% rose 0.92% to $235.01. Trading volume (1.8 M) remained 421,446 below its 50-day average volume of 2.2 M.