Advanced Micro Devices Inc. Stock Falls Tuesday, Still Outperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) slumped 0.01% to $105.31 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,461.90 and Dow Jones Industrial Average falling 0.05% to 34,645.99.
This was the stock's fifth consecutive day of losses.
Advanced Micro Devices Inc. closed $27.52 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 Tuesday, as NVIDIA Corp. (NVDA) fell 0.68% to $448.70, Intel Corp. (INTC) rose 0.70% to $38.86, and Applied Materials Inc. (AMAT) fell 1.87% to $143.97.
Trading volume (44.4 M) remained 17.3 million below its 50-day average volume of 61.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 12, 2023.
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September 12, 2023 16:38 ET (20:38 GMT)
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