AMD News – Advanced Micro Devices Inc. stock underperforms Wednesday when compared to competitors
Shares of Advanced Micro Devices Inc.
slid 1.15% to $79.96 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,219.55 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. This was the stock’s third consecutive day of losses. Advanced Micro Devices Inc. closed $19.27 short of its 52-week high ($99.23), which the company achieved on January 11th.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp.
fell 0.54% to $694.33, Intel Corp.
remained unchanged, and Texas Instruments Inc.
fell 0.26% to $186.45. Trading volume (28.3 M) remained 15.5 million below its 50-day average volume of 43.8 M.