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

Dow Jones11-21

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. $(AMD)$ 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.

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

November 20, 2024 16:35 ET (21:35 GMT)

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment