This is why Broadcom (AVGO) stock is crashing

After holding fairly steady with only a modest 0.84% decline during September 5 trading, Broadcom (NASDAQ: AVGO) stock tumbled 9.38% from its close at $152.82 to its latest recorded price of$138.49.AVGO stock 1-day and after-hours price chart. Source: GoogleThe fall was triggered by the publishing of the semiconductor and infrastructure provider’s latest earnings report – published after the closing bell on September 5 –  which, despite beating revenue and earnings-per-share (EPS) forecasts, disappointed i ...