Advanced Micro Devices Inc. Stock Falls Monday, Underperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) slid 1.51% to $72.46 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of losses. Advanced Micro Devices Inc. closed $92.00 short of its 52-week high ($164.46), which the company reached on November 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 0.60% to $153.17, Intel Corp. (INTC) fell 3.11% to $28.94, and Texas Instruments Inc. (TXN) fell 1.59% to $172.40. Trading volume (51.2 M) remained 37.7 million below its 50-day average volume of 88.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:36 ET (21:36 GMT)
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