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MarketBeat
MarketBeat
Business
Leo Miller

Broadcom's Insider Selling: A Big Red Flag, or Business as Usual?

Recent events have rattled investor confidence in semiconductor giant Broadcom (NASDAQ: AVGO). The company’s latest earnings release led to a dramatic sell-off.

After reaching an all-time closing high of around $412 on Dec. 10, shares dropped as much as 21%, closing near $325 on Dec. 17. By the Dec. 26 close, the stock had recovered moderately to around $350.

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