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Why did Broadcom (AVGO) stock go down on Oct 16, 2026?

Updated ยท Data: Nasdaq daily prices through Oct 16, 2026 close; SEC EDGAR

Quick answer

Broadcom (AVGO) fell 4.5% to $328.75 on Friday, Oct 16, 2026, on 1.3x its 50-day average volume. There was no new SEC filing from the company in the five days up to the session, so the filing record does not explain the move.

Close (Oct 16, 2026)$328.75
Change-4.5%
Volume vs 50-day avg1.3x
From 52-week high-33.6%

What the data shows about the move

AVGO move in numbers

MetricValue
Close$328.75
Previous close$344.33
Change ($)-$15.58
Change (%)-4.52%
Day high / low$339.59 / $328.58
Volume29,839,590
50-day average volume23,303,662
52-week high / low$495.00 / $289.96
Above 52-week low+13.4%
50-day average price$365.73
200-day average price$368.19

Last 10 sessions

DateCloseChangeVolume
Oct 16, 2026$328.75-4.52%29,839,590
Oct 15, 2026$344.33-0.55%28,455,750
Oct 14, 2026$346.25-3.10%23,127,390
Oct 13, 2026$357.31+0.73%17,266,690
Oct 12, 2026$354.73-1.88%16,336,770
Oct 9, 2026$361.54+0.39%16,843,810
Oct 8, 2026$360.14-4.35%27,145,240
Oct 7, 2026$376.51+0.19%18,046,100
Oct 6, 2026$375.81+3.67%30,834,300
Oct 5, 2026$362.51+2.08%21,481,580

Peers in Semiconductors

CompanyClose Oct 16, 2026Change
TSM Taiwan Semiconductor Manufacturing$412.61-2.28%
SKHY SK hynix$136.49-6.58%
MU Micron Technology$878.84-5.63%

Bull vs bear points from the data

Bull points

  • None stand out in the price data.

Bear points

  • Closed below its 50-day average price ($365.73).
  • Below its 200-day average ($368.19), the long-term trend line.
  • Still 33.6% below its 52-week high of $495.00.
  • Down 9.1% over the last five sessions.

Points are computed from price, volume and filing data only; they are not forecasts or recommendations.

Latest SEC filings for AVGO

FormFiledDetailLink
4Sep 25, 2026OWNERSHIP DOCUMENTEDGAR
4Sep 17, 2026FORM 4EDGAR
4Sep 17, 2026FORM 4EDGAR
10-QSep 10, 202610-QEDGAR
8-KSep 2, 2026Items 2.02,8.01,9.01EDGAR
4Jul 14, 2026FORM 4EDGAR

For the full picture, including financials from SEC filings and insider trades, see our AVGO stock analysis.

Sources

  1. SEC EDGAR: Broadcom Form 4 filing index (filed Sep 25, 2026)
  2. SEC EDGAR: Broadcom Form 4 filing index (filed Sep 17, 2026)
  3. SEC EDGAR: Broadcom Form 4 filing index (filed Sep 17, 2026)
  4. SEC EDGAR: Broadcom Form 10-Q filing index (filed Sep 10, 2026)
  5. SEC EDGAR: Broadcom Form 8-K filing index (filed Sep 2, 2026)
  6. SEC EDGAR: Broadcom Form 4 filing index (filed Jul 14, 2026)
  7. Nasdaq: AVGO historical prices and volume (daily data through Oct 16, 2026 close, retrieved Oct 19, 2026)
  8. Nasdaq: TSM historical prices (peer) (Oct 16, 2026 close)
  9. Nasdaq: SKHY historical prices (peer) (Oct 16, 2026 close)
  10. Nasdaq: MU historical prices (peer) (Oct 16, 2026 close)
  11. Nasdaq: AVGO earnings date (retrieved Oct 19, 2026)