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Friday, May 15, 2015

Long trade : BRCM (5/15)

  • pullback after large candle
Broadcom (BRCM) was acquired by Singapore-based  Avago Technologies (AVGO) for $37 billion in Feb 2016.
Avago took the Broadcom name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.
      


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