Broadcom (BRCM) hikes on Q3 earnings

Broadcom Corp. (NASDAQ: BRCM) shares rose 6.2% to $39.65 after the company reported adjusted third-quarter earnings of 91 cents a share on revenue of $2.26 billion. Analysts expected earnings of 84 cents a share on revenue of $2.18 billion for the third quarter. Share volume was 3.8 million, compared to an all-day average of 5.9 million