Advanced Micro Devices Inc. stock rises Wednesday, outperforms market
Shares of Advanced Micro Devices Inc. AMD, +1.72% advanced 1.72% to $97.58 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.65% falling…
From the Equity Insider archive. This article dates from Mar 22, 2023 and is preserved as first published.
Shares of Advanced Micro Devices Inc. AMD, +1.72% advanced 1.72% to $97.58 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.65% falling 1.65% to 3,936.97 and Dow Jones Industrial Average DJIA, -1.63% falling 1.63% to 32,030.11. The stock’s rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $28.09 short of its 52-week high ($125.67), which the company reached on March 30th.
58 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.
The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. NVDA, +1.03% rose 1.03% to $264.68, Intel Corp. INTC, -1.16% fell 1.16% to $28.13, and Applied Materials Inc. AMAT, -1.28% fell 1.28% to $118.86. Trading volume (110.4 M) eclipsed its 50-day average volume of 62.5 M.
