Advanced Micro Devices Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. (AMD) slid 2.46% to $106.59 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 34,500.73 and the S&P 500 Index falling 0.32% to 4,451.14.
This was the stock's second consecutive day of losses.
Advanced Micro Devices Inc. closed $26.24 short of 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 Thursday, as NVIDIA Corp. (NVDA) fell 1.74% to $462.41, Intel Corp. (INTC) rose 3.24% to $38.18, and Applied Materials Inc. (AMAT) fell 3.23% to $148.23.
Data source: Dow Jones Market Data, FactSet. Data compiled September 7, 2023.
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September 07, 2023 16:37 ET (20:37 GMT)
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