Advanced Micro Devices Inc. Stock Falls Thursday, Underperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) slipped 0.19% to $77.48 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. The stock's fall snapped a two-day winning streak. Advanced Micro Devices Inc. closed $79.25 short of its 52-week high ($156.73), which the company achieved on December 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 1.25% to $171.35, Intel Corp. (INTC) fell 0.80% to $29.83, and Applied Materials Inc. (AMAT) fell 2.36% to $107.01. Trading volume (59.3 M) remained 27.7 million below its 50-day average volume of 87.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 16:38 ET (21:38 GMT)
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