Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Broadcom (BRCM) Stock Price

Media headlines about Broadcom (NASDAQ:BRCM) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Broadcom earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news coverage about the semiconductor manufacturer an impact score of 45.1668388699171 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Broadcom (BRCM) traded up $0.17 during trading hours on Monday, hitting $54.67. The stock had a trading volume of 25,521,600 shares, compared to its average volume of 12,373,016. Broadcom has a twelve month low of $40.33 and a twelve month high of $58.51.

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Broadcom Company Profile

Broadcom Corporation (Broadcom) provides semiconductor solutions for wired and wireless communications. The Company offers a portfolio of system-on-a-chip solutions (SoCs) that deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. The Company’s solutions are used globally by manufacturers and are embedded in an array of communications products.

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