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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)
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