AMD News – Advanced Micro Devices Inc. stock falls Wednesday, underperforms market
Shares of Advanced Micro Devices Inc.
slipped 2.05% to $78.55 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. Advanced Micro Devices Inc. closed $20.68 below 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 Wednesday, as NVIDIA Corp.
fell 2.57% to $611.08, Intel Corp.
fell 1.58% to $64.19, and Texas Instruments Inc.
fell 0.48% to $190.33. Trading volume (34.0 M) remained 7.1 million below its 50-day average volume of 41.1 M.