DJ Advanced Micro Devices Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Advanced Micro Devices Inc. $(AMD)$ slid 0.35% to $151.74 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 5,071.63 and the Dow Jones Industrial Average falling 0.11% to 38,460.92.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed $75.56 short of its 52-week high ($227.30), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 3.33% to $796.77, Intel Corp. $(INTC)$ rose 0.64% to $34.50, and Applied Materials Inc. $(AMAT)$ rose 1.46% to $196.06.
Trading volume (42.9 M) remained 23.9 million below its 50-day average volume of 66.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2024.
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(END) Dow Jones Newswires
April 24, 2024 16:35 ET (20:35 GMT)
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