Advanced Micro Devices Inc. Stock Rises Tuesday, Outperforms Market

Silk Road Medical Inc

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Health Care : Health Care Equipment & Supplies | Small Cap Blend

Company profile

Silk Road Medical, Inc. is a medical device company, which is focused on reducing the risk of stroke and its devastating impact. The Company has discovered an approach for the treatment of carotid artery disease called TransCarotid Artery Revascularization (TCAR), which relies on two concepts: minimally invasive direct carotid access in the neck and high-rate blood flow reversal during the procedure to protect the brain and combines the benefits of innovative endovascular techniques with fundamental surgical principles. The Company's ENROUTE Transcarotid Neuroprotection System (NPS) and ENROUTE Transcarotid Stent System are the products for use in TCAR. Its ENROUTE Transcarotid Stent System is placed during a period of temporary high-rate blood flow reversal, which is enabled by its ENROUTE Transcarotid NPS. It markets and sells its products in the United States through a direct sales organization consisting of approximately 64 sales representatives and 62 clinical support specialists.

Advanced Micro Devices Inc. Stock Rises Tuesday, Outperforms Market

4:38 pm ET November 29, 2022 (MarketWatch) Print

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

Shares of Advanced Micro Devices Inc. (AMD) inched 0.27% higher to $73.39 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 33,852.53 and the S&P 500 Index falling 0.16% to 3,957.63. The stock's rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $91.07 below 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) fell 1.19% to $156.39, Intel Corp. (INTC) rose 0.61% to $28.90, and Applied Materials Inc. (AMAT) fell 0.21% to $103.25. Trading volume (51.7 M) remained 34.8 million below its 50-day average volume of 86.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2022.

(END) Dow Jones Newswires

November 29, 2022 16:38 ET (21:38 GMT)