AMD News – Advanced Micro Devices Inc. stock underperforms Friday when compared to competitors despite daily gains
Shares of Advanced Micro Devices Inc.
rallied 2.05% to $74.59 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.49% to 4,173.85 and the Dow Jones Industrial Average
rising 1.06% to 34,382.13. The stock’s rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $24.64 below its 52-week high ($99.23), which the company achieved on January 11th.
The stock underperformed when compared to some of its competitors Friday, as NVIDIA Corp.
rose 4.23% to $569.72, Intel Corp.
rose 2.48% to $55.35, and Texas Instruments Inc.
rose 2.39% to $183.27. Trading volume (38.1 M) remained 7.0 million below its 50-day average volume of 45.1 M.