Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors

Terex Corp

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Industrials : Machinery | Small Cap Blend

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Terex Corporation designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals, and materials management applications. The Company segments include Aerial Work Platforms (AWP) and Materials Processing (MP). AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. Its products include portable material lifts, portable aerial work platforms, self-propelled articulating and telescopic booms, scissor lifts, and replacement parts. MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, concrete mixer trucks and concrete pavers, conveyors, environmental and recycling solutions, and their related components and replacement parts.

Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors

4:36 pm ET November 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Advanced Micro Devices Inc. (AMD) shed 4.81% to $72.70 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's fall snapped a four-day winning streak. Advanced Micro Devices Inc. closed $91.76 below its 52-week high ($164.46), which the company achieved on November 30th.

The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 4.54% to $159.10, Intel Corp. (INTC) fell 3.84% to $29.53, and Texas Instruments Inc. (TXN) fell 2.31% to $173.46. Trading volume (78.8 M) remained 9.9 million below its 50-day average volume of 88.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.

(END) Dow Jones Newswires

November 16, 2022 16:36 ET (21:36 GMT)