Advanced Micro Devices Inc. Stock Rises Friday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. (AMD) rallied 1.34% to $81.52 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. This was the stock's second consecutive day of gains. Advanced Micro Devices Inc. closed $44.15 below its 52-week high ($125.67), which the company achieved on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) rose 2.47% to $238.90, Intel Corp. (INTC) rose 0.76% to $26.40, and Applied Materials Inc. (AMAT) rose 0.43% to $118.96. Trading volume (52.6 M) remained 2.4 million below its 50-day average volume of 55.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 16:37 ET (21:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.