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Shares of Advanced Micro Devices Inc. (AMD) surged 10.14% to $150.16 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.09% to 4,701.70 and the Dow Jones Industrial Average rising 0.29% to 36,432.22. Advanced Micro Devices Inc. hit a new 52-week high, surpassing its previous peak of $141.22, which the company achieved on November 5th.
The stock outperformed some of its competitors Monday, as NVIDIA Corp. (NVDA) rose 3.54% to $308.04, Intel Corp. (INTC) rose 1.24% to $51.55, and Texas Instruments Inc. (TXN) fell 0.54% to $192.36. Trading volume (141.0 M) eclipsed its 50-day average volume of 44.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2021.
(END) Dow Jones Newswires
November 08, 2021 16:36 ET (21:36 GMT)
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