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Shares of Advanced Micro Devices Inc. (AMD) advanced 3.85% to $75.25 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $89.21 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 Tuesday, as NVIDIA Corp. (NVDA) rose 4.71% to $160.38, Intel Corp. (INTC) rose 3.04% to $29.82, and Texas Instruments Inc. (TXN) rose 2.80% to $177.22. Trading volume (55.0 M) remained 33.5 million below its 50-day average volume of 88.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:36 ET (21:36 GMT)
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