Advanced Micro Devices Inc. Stock Advances 6.5%, Outperforms Peers

Dow Jones08-15 04:33

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

Shares of Advanced Micro Devices Inc. advanced 6.5% to $514.39 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,785.76 and Dow Jones Industrial Average falling 0.2% to 53,732.41.

This was the stock's fourth consecutive day of gains.

Advanced Micro Devices Inc. closed 12.0% short of its 52-week high of $584.73, which the company reached on June 30th.

The stock outperformed some of its peers, as NVIDIA Corp. fell 0.1% to $225.16, Intel Corp. fell 2.0% to $102.50, and Applied Materials Inc. fell 5.12% to $507.18.

Trading volume totaled 25.3 million, compared to the 50-day average of 29.6 million.

Data source: Dow Jones Market Data, FactSet

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