AMD News – Advanced Micro Devices Inc. stock underperforms Thursday when compared to competitors despite daily gains
Shares of Advanced Micro Devices Inc.
inched 0.34% higher to $92.66 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
rising 0.17% to 3,916.38 and the Dow Jones Industrial Average
falling 0.02% to 31,430.70. This was the stock’s second consecutive day of gains. Advanced Micro Devices Inc. closed $6.57 short of its 52-week high ($99.23), which the company reached on January 11th.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp.
rose 3.30% to $610.03, Intel Corp.
rose 3.06% to $60.66, and Texas Instruments Inc.
rose 2.79% to $179.22. Trading volume (35.4 M) remained 9.2 million below its 50-day average volume of 44.6 M.