AMD News – Advanced Micro Devices Inc. stock outperforms competitors despite losses on the day
Shares of Advanced Micro Devices Inc.
slid 5.20% to $82.42 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 2.45% to 3,829.34 and Dow Jones Industrial Average
falling 1.75% to 31,402.01. Advanced Micro Devices Inc. closed $16.81 below its 52-week high ($99.23), which the company reached on January 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp.
fell 8.22% to $532.30, Intel Corp.
fell 4.42% to $60.40, and Texas Instruments Inc.
fell 4.94% to $170.53. Trading volume (54.4 M) eclipsed its 50-day average volume of 41.8 M.