Advanced Micro Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Advanced Micro Devices Inc. (AMD) inched 0.87% higher to $102.37 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.07% to 4,453.53 and the Dow Jones Industrial Average rising 0.02% to 34,624.30.
The stock's rise snapped a two-day losing streak.
Advanced Micro Devices Inc. closed $30.46 below its 52-week high ($132.83), which the company reached on June 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NVIDIA Corp. (NVDA) rose 0.15% to $439.66, Intel Corp. (INTC) rose 0.29% to $37.99, and Applied Materials Inc. (AMAT) rose 1.46% to $140.27.
Trading volume (48.8 M) remained 13.4 million below its 50-day average volume of 62.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2023.
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September 18, 2023 16:37 ET (20:37 GMT)
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