DJ Advanced Micro Devices Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Advanced Micro Devices Inc. $(AMD)$ advanced 1.21% to $139.99 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,459.10 and the Dow Jones Industrial Average rising 1.64% to 40,589.34.
The stock's rise snapped a three-day losing streak.
Advanced Micro Devices Inc. closed $87.31 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 Friday, as NVIDIA Corp. $(NVDA)$ rose 0.69% to $113.06, Intel Corp. $(INTC)$ rose 0.80% to $31.35, and Applied Materials Inc. $(AMAT)$ rose 2.05% to $206.47.
Trading volume (48.4 M) remained 4.5 million below its 50-day average volume of 52.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2024.
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(END) Dow Jones Newswires
July 26, 2024 16:36 ET (20:36 GMT)
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