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Broadcom Stock Falls Despite Fiscal Q3 Beat

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Broadcom (AVGO) late Wednesday beat Wall Street’s targets for its fiscal third quarter and with its guidance for the current period. But Broadcom stock fell in extended trading. The fabless chipmaker and infrastructure software provider earned an adjusted $3.32 per share on sales of $29.59 billion in the quarter ended Aug. 2. Analysts polled by FactSet had predicted earnings per…

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