Advanced Micro Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Advanced Micro Devices Inc. (AMD) slipped 1.57% to $84.03 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. The stock's fall snapped a two-day winning streak. Advanced Micro Devices Inc. closed $41.64 below its 52-week high ($125.67), which the company reached on March 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) fell 3.08% to $234.36, Intel Corp. (INTC) rose 1.77% to $26.44, and Applied Materials Inc. (AMAT) fell 1.36% to $117.04. Trading volume (79.3 M) eclipsed its 50-day average volume of 55.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 16:37 ET (21:37 GMT)
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