Broadcom Posts Strong Results, Joins RH, Upstart And Other Big Stocks Moving Higher On Friday

U.S. stocks were lower, with the Dow Jones index falling around 90 points on Friday.

Shares of Broadcom Inc. (NASDAQ:AVGO) rose sharply during Friday's session after the company posted better-than-expected earnings for its fourth quarter.

The company said it sees first-quarter revenue of approximately $14.6 billion, versus the $14.612 billion estimate. The company also issued adjusted EBITDA guidance of approximately 66 percent of projected revenue for the first quarter.

Broadcom shares jumped 18.5% to $214.17 on Friday.

Here are some other big stocks recording gains in today's session.

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