Advanced Micro Devices Inc. Stock Falls Monday, Underperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) slid 0.44% to $81.16 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,048.42 and the Dow Jones Industrial Average rising 0.12% to 33,431.44. The stock's fall snapped a two-day winning streak. Advanced Micro Devices Inc. closed $44.51 short of 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 Monday, as NVIDIA Corp. (NVDA) fell 1.41% to $235.54, Intel Corp. (INTC) fell 1.55% to $25.99, and Applied Materials Inc. (AMAT) fell 0.35% to $118.54. Trading volume (53.6 M) remained 1.5 million below its 50-day average volume of 55.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2023.
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March 06, 2023 16:37 ET (21:37 GMT)
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