Advanced Micro Devices Inc. Stock Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. (AMD) rallied 7.72% to $96.60 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.76% to 3,960.28 and the Dow Jones Industrial Average rising 1.17% to 32,246.55. This was the stock's third consecutive day of gains. Advanced Micro Devices Inc. closed $29.07 short of its 52-week high ($125.67), which the company achieved on March 30th.
The stock outperformed some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 5.42% to $255.41, Intel Corp. (INTC) rose 6.23% to $30.18, and Applied Materials Inc. (AMAT) rose 3.67% to $122.83. Trading volume (115.6 M) eclipsed its 50-day average volume of 59.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 16, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 16, 2023 16:37 ET (20:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.