Advanced Micro Devices Inc. Stock Rises Wednesday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. (AMD) advanced 1.72% to $97.58 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $28.09 short of its 52-week high ($125.67), which the company reached on March 30th.
The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 1.03% to $264.68, Intel Corp. (INTC) fell 1.16% to $28.13, and Applied Materials Inc. (AMAT) fell 1.28% to $118.86. Trading volume (110.4 M) eclipsed its 50-day average volume of 62.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 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 22, 2023 16:37 ET (20:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.