AMD News – Advanced Micro Devices Inc. stock falls Thursday, underperforms market
Shares of Advanced Micro Devices Inc.
shed 3.85% to $77.75 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 1.34% to 3,768.47 and Dow Jones Industrial Average
falling 1.11% to 30,924.14. This was the stock’s third consecutive day of losses. Advanced Micro Devices Inc. closed $21.48 short of its 52-week high ($99.23), which the company achieved on January 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp.
fell 3.39% to $494.81, Intel Corp.
fell 2.62% to $58.33, and Texas Instruments Inc.
fell 4.30% to $163.25. Trading volume (60.1 M) eclipsed its 50-day average volume of 41.7 M.