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Shares of Advanced Micro Devices Inc. (AMD) slipped 1.35% to $109.28 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,465.48 and Dow Jones Industrial Average falling 0.57% to 34,443.19.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed $23.55 below its 52-week high ($132.83), which the company achieved on June 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) fell 3.05% to $470.61, Intel Corp. (INTC) rose 0.74% to $36.98, and Applied Materials Inc. (AMAT) fell 0.28% to $153.18.
Trading volume (47.6 M) remained 15.2 million below its 50-day average volume of 62.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023.
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September 06, 2023 16:38 ET (20:38 GMT)
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