Advanced Micro Devices Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Advanced Micro Devices Inc. (AMD) advanced 6.63% to $87.45 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. The stock's rise snapped a three-day losing streak. Advanced Micro Devices Inc. closed $38.22 below its 52-week high ($125.67), which the company achieved on March 30th.
The stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) rose 4.78% to $240.63, Intel Corp. (INTC) rose 3.93% to $28.01, and Applied Materials Inc. (AMAT) rose 3.88% to $120.34. Trading volume (66.3 M) eclipsed its 50-day average volume of 57.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:33 ET (00:33 GMT)
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