AMD News – Advanced Micro Devices Inc. stock outperforms market despite losses on the day
Shares of Advanced Micro Devices Inc.
slid 0.28% to $74.44 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.85% to 4,127.83 and Dow Jones Industrial Average
falling 0.78% to 34,060.66. The stock’s fall snapped a two-day winning streak. Advanced Micro Devices Inc. closed $24.79 short of its 52-week high ($99.23), which the company achieved on January 11th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as NVIDIA Corp.
fell 1.06% to $560.63, Intel Corp.
fell 0.89% to $54.84, and Texas Instruments Inc.
fell 1.08% to $178.87.true Trading volume (31.8 M) remained 13.7 million below its 50-day average volume of 45.5 M.