AMD News – Advanced Micro Devices Inc. stock underperforms Wednesday when compared to competitors
Shares of Advanced Micro Devices Inc.
slumped 0.99% to $77.83 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.07% to 4,167.59 and the Dow Jones Industrial Average
rising 0.29% to 34,230.34. Advanced Micro Devices Inc. closed $21.40 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 Wednesday, as NVIDIA Corp.
rose 0.75% to $578.34, Intel Corp.
fell 0.09% to $56.85, and Texas Instruments Inc.
rose 1.46% to $181.65. Trading volume (42.0 M) remained 3.3 million below its 50-day average volume of 45.3 M.