Advanced Micro Devices Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. (AMD) shed 1.05% to $96.81 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. The stock's fall snapped a four-day winning streak. Advanced Micro Devices Inc. closed $28.86 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 Monday, as NVIDIA Corp. (NVDA) rose 0.68% to $259.00, Intel Corp. (INTC) fell 2.18% to $29.16, and Applied Materials Inc. (AMAT) rose 1.17% to $124.04. Trading volume (91.8 M) eclipsed its 50-day average volume of 61.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:37 ET (20:37 GMT)
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