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Shares of Advanced Micro Devices Inc. (AMD) slipped 0.47% to $106.09 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.14% to 4,457.49 and the Dow Jones Industrial Average rising 0.22% to 34,576.59.
This was the stock's third consecutive day of losses.
Advanced Micro Devices Inc. closed $26.74 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 Friday, as NVIDIA Corp. (NVDA) fell 1.45% to $455.72, Intel Corp. (INTC) fell 0.45% to $38.01, and Applied Materials Inc. (AMAT) fell 0.47% to $147.53.
Trading volume (46.2 M) remained 16.1 million below its 50-day average volume of 62.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2023.
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September 08, 2023 16:37 ET (20:37 GMT)
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