DJ Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. $(AMD)$ slipped 1.28% to $137.60 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed $89.70 below its 52-week high ($227.30), which the company reached on March 8th.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ fell 0.76% to $145.89, Intel Corp. $(INTC)$ fell 0.79% to $24.01, and Applied Materials Inc. $(AMAT)$ rose 0.70% to $170.49.
Trading volume (27.8 M) remained 7.6 million below its 50-day average volume of 35.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:35 ET (21:35 GMT)
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