Advanced Micro Devices Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. (AMD) shed 1.37% to $96.61 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. This was the stock's second consecutive day of losses. Advanced Micro Devices Inc. closed $29.06 below its 52-week high ($125.67), which the company reached on March 30th.
The stock underperformed when compared to some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 0.93% to $265.31, Intel Corp. (INTC) fell 0.61% to $29.18, and Applied Materials Inc. (AMAT) fell 0.55% to $118.87. Trading volume (57.3 M) remained 7.3 million below its 50-day average volume of 64.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 16:37 ET (20:37 GMT)
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