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After Lower Outlook Broadcom's Shares Finally Show A Rise

  • Thread starter SatelliteGuys Reporter
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SatelliteGuys Reporter

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BY JAMES DETAR INVESTOR S BUSINESS DAILY Chipmaker Broadcom on Sunday did what a lot of tech companies and semiconductor companies have done in the last two months cut its guidance. So on Monday its stock price . . . rose. Rose Cutting guidance isn't a typical way for companies get a spike in their stock price but this was one of a few such occasions of late.

http://www.investors.com/editorial/tech.asp?v=9/14