Stocks making big moves yesterday: Broadcom, Olaplex, Paycom, Tilray, and Workiva

Check out the companies making headlines yesterday:

Broadcom (NASDAQ:AVGO): Fabless chip and software maker Broadcom (NASDAQ:AVGO) fell by 5.4% on Wednesday after it continued a multi-day slide as management warned that its fast-growing artificial intelligence (AI) business would negatively impact gross profit margins. See our full article here.

Is now the time to buy Broadcom? Access our full analysis report here.

Olaplex (NASDAQ:OLPX): Hair care company Olaplex (NASDAQ:OLPX) fell by 8.7% on Wednesday after its CEO, Amanda Baldwin, sold 398,560 shares of company stock, a transaction valued at $474,286. See our full article here.

Is now the time to buy Olaplex? Access our full analysis report here.

Paycom (NYSE:PAYC): HR software provider Paycom (NYSE:PAYC) rose by 3% on Wednesday after BTIG initiated coverage on the software company with a "Buy" rating and set a price target of $195. See our full article here.

Is now the time to buy Paycom? Access our full analysis report here.

Tilray (NASDAQ:TLRY): Cannabis company Tilray Brands (NASDAQ:TLRY) fell by 5.2% on Wednesday after the stock gave back some of its recent gains, which were fueled by reports that the U.S. administration was considering reclassifying marijuana. See our full article here.

Is now the time to buy Tilray? Access our full analysis report here.

Workiva (NYSE:WK): Cloud reporting platform Workiva (NYSE:WK) rose by 2.6% on Wednesday after investment firm BTIG initiated coverage on the company with a "Buy" rating and a $105 price target. See our full article here.

Is now the time to buy Workiva? Access our full analysis report here.