AMD News – Advanced Micro Devices Inc. stock outperforms competitors despite losses on the day
Shares of Advanced Micro Devices Inc.
slipped 1.66% to $89.94 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.29% to 31,613.02 and the S&P 500 Index
falling 0.03% to 3,931.33. This was the stock’s second consecutive day of losses. Advanced Micro Devices Inc. closed $9.29 short of 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 Wednesday, as NVIDIA Corp.
fell 2.77% to $596.24, Intel Corp.
fell 0.99% to $61.85, and Texas Instruments Inc.
fell 1.23% to $178.53. Trading volume (32.2 M) remained 9.8 million below its 50-day average volume of 42.0 M.