Broadcom Falls 3%

Semiconductor company Broadcom BRCM have lost around 3% during Tuesday's trading session. The shares are currently trading hands for $35.47. The stock gapped up last Friday morning, and this gap could be closed in the coming trading sessions. BRCM needs to retrace to the $34.62 level to completely fill this gap. Broadcom Corporation (Broadcom) is a provider of semiconductor for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment.