×
0 0.000340767104615406 0.000719397220854938 0.0090492597781227 0.00336980803453101 0.00147665745333379 0.00526295861572824 0.0090492597781227
Stockreport

Trump invokes national security to stop takeover of a US microchip maker [CNN]

BROADCOM LTD ORDINARY SHARES (AVGO)  More Company Research Source: CNN
Last broadcom ltd ordinary shares earnings: 6/7 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
PDF Trump blocks Broadcom's $117 billion Qualcomm bid over national security The White House has taken an extraordinary action to block a major corporate deal that could give China more influence in global technology. In an order Monday, President Donald Trump blocked Broadcom's $117 billion bid for Qualcomm due to national security concerns. He wrote that there is "credible evidence" that Broadcom and its affiliates "might take action that threatens to impair the national security of the United States." He said the two companies must "immediately and permanently abandon the proposed takeover." Broadcom said in a statement late Monday that it is reviewing the order and that it "strongly disagrees that its proposed acquisition of Qualcomm raises any national security concerns." Broadcom's hostile takeover of Qualcomm ( QCOM ) — the latter company rejected the bid — would have combined two computer chip makers. It had been under investigation by the Committee on Foreign Investment in the [Read more]

IMPACT SNAPSHOT EVENT TIME: AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
AVGO alerts

from News Quantified
Opt-in for
AVGO alerts

from News Quantified