Advanced Micro Devices Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Advanced Micro Devices Inc. (AMD) slipped 0.74% to $101.61 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 4,443.95 and Dow Jones Industrial Average falling 0.31% to 34,517.73.
Advanced Micro Devices Inc. closed $31.22 below its 52-week high ($132.83), which the company achieved on June 13th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 1.01% to $435.20, Intel Corp. (INTC) fell 4.34% to $36.34, and Applied Materials Inc. (AMAT) fell 1.83% to $137.71.
Trading volume (41.5 M) remained 21.0 million below its 50-day average volume of 62.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2023.
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September 19, 2023 16:37 ET (20:37 GMT)
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