Advanced Micro Devices Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. (AMD) shed 3.23% to $74.98 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. This was the stock's second consecutive day of losses. Advanced Micro Devices Inc. closed $81.75 below its 52-week high ($156.73), which the company achieved on December 28th.
The stock underperformed when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 1.51% to $168.76, Intel Corp. (INTC) fell 1.41% to $29.41, and Applied Materials Inc. (AMAT) fell 0.28% to $106.71. Trading volume (64.1 M) remained 22.4 million below its 50-day average volume of 86.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 16:38 ET (21:38 GMT)
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