Advanced Micro Devices Inc. Stock Slips 6.0%, Underperforms Peers

Dow Jones04:34

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

Shares of Advanced Micro Devices Inc. shed 6.0% to $528.75 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

This was the stock's third consecutive day of losses.

Advanced Micro Devices Inc. closed 19.7% below its 52-week high of $658.52, which the company reached on October 6th.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 1.4% to $214.13, Intel Corp. fell 5.8% to $89.85, and Applied Materials Inc. fell 4.82% to $409.29.

Trading volume totaled 22.3 million, compared to the 50-day average of 20.3 million.

Data source: Dow Jones Market Data, FactSet

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