AMD News – Advanced Micro Devices Inc. stock outperforms market on strong trading day
Shares of Advanced Micro Devices Inc.
rose 2.60% to $86.94 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.14% to 3,925.43 and the Dow Jones Industrial Average
rising 1.35% to 31,961.86. The stock’s rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $12.29 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 Wednesday, as NVIDIA Corp.
rose 2.52% to $579.96, Intel Corp.
rose 3.39% to $63.19, and Texas Instruments Inc.
rose 3.78% to $179.39. Trading volume (40.5 M) remained 1.1 million below its 50-day average volume of 41.6 M.