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Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones10-31

DJ Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Advanced Micro Devices Inc. $(AMD)$ tumbled 10.62% to $148.60 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.

The stock's fall snapped a four-day winning streak.

Advanced Micro Devices Inc. closed $78.70 short of its 52-week high ($227.30), which the company achieved on March 8th.

The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 1.36% to $139.34, Intel Corp. $(INTC)$ fell 2.62% to $22.30, and Applied Materials Inc. $(AMAT)$ fell 2.54% to $185.30.

Trading volume (86.8 M) eclipsed its 50-day average volume of 36.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

October 30, 2024 16:35 ET (20:35 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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