Advanced Micro Devices Inc. Stock Slides 3.6%, Underperforms Market

Dow Jones04:34

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

Shares of Advanced Micro Devices Inc. slid 3.6% to $607.87 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.

The stock's fall snapped a two-day winning streak.

Advanced Micro Devices Inc. closed 4.9% short of its 52-week high of $639.00, which the company reached on September 25th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. rose 1.7% to $228.86, Intel Corp. fell 5.7% to $116.03, and Applied Materials Inc. rose 0.36% to $486.76.

Trading volume totaled 21.8 million, compared to the 50-day average of 23.9 million.

Data source: Dow Jones Market Data, FactSet

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