Broadcom, Cisco Weigh on Nasdaq ETF
April 27, 2011 at 12:50 PM EDT
The PowerShares QQQ (NasdaqGM: QQQ) managed to tread water Wednesday afternoon despite weakness in components Broadcom (NasdaqGS: BRCM) and Cisco Systems (NasdaqGS: CSCO). Broadcom and Cisco were among the most actively traded stocks on the Nasdaq. Broadcom shares dropped more than 10% after the...