Advanced Micro Devices Inc. Stock Rises Friday, Outperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) rallied 1.28% to $97.84 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. This was the stock's fourth consecutive day of gains. Advanced Micro Devices Inc. closed $27.83 below its 52-week high ($125.67), which the company reached on March 30th.
The stock outperformed some of its competitors Friday, as NVIDIA Corp. (NVDA) rose 0.72% to $257.25, Intel Corp. (INTC) fell 1.23% to $29.81, and Applied Materials Inc. (AMAT) fell 0.19% to $122.60. Trading volume (93.5 M) eclipsed its 50-day average volume of 60.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:37 ET (20:37 GMT)
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