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Shares of Advanced Micro Devices Inc. (AMD) slid 1.15% to $100.35 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 4,359.46 and the Dow Jones Industrial Average rising 0.26% to 34,390.72. This was the stock's second consecutive day of losses. Advanced Micro Devices Inc. closed $22.14 short of its 52-week high ($122.49), which the company achieved on August 4th.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 0.88% to $205.17, Intel Corp. (INTC) fell 0.94% to $53.49, and Texas Instruments Inc. (TXN) fell 0.93% to $193.07. Trading volume (52.1 M) remained 15.5 million below its 50-day average volume of 67.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 29, 2021.
(END) Dow Jones Newswires
September 29, 2021 16:36 ET (20:36 GMT)
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