Advanced Micro Devices Inc. Stock Climbs 5.9%, Outperforms Market

Dow Jones09-09 04:34

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

Shares of Advanced Micro Devices Inc. rallied 5.9% to $505.74 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.6% to 7,673.52 and Dow Jones Industrial Average falling 1.2% to 52,786.07.

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

Advanced Micro Devices Inc. closed 13.5% below its 52-week high of $584.73, which the company achieved on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. fell 2.0% to $225.73, Intel Corp. rose 9.1% to $104.47, and Applied Materials Inc. rose 3.98% to $472.79.

Trading volume totaled 27.8 million, compared to the 50-day average of 25.0 million.

Data source: Dow Jones Market Data, FactSet

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