Advanced Micro Devices Inc. Stock Slips 8.1%, Underperforms Peers

Dow Jones04:34

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

Shares of Advanced Micro Devices Inc. slipped 8.1% to $507.93 on what proved to be an all-around rough trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 52,867.98 and the S&P 500 Index falling 1.2% to 7,663.43.

Advanced Micro Devices Inc. closed 22.9% below its 52-week high of $658.52, which the company achieved on October 6th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. fell 4.4% to $212.21, Intel Corp. fell 8.0% to $85.49, and Applied Materials Inc. fell 8.16% to $375.58.

Trading volume totaled 27.2 million, compared to the 50-day average of 20.0 million.

Data source: Dow Jones Market Data, FactSet

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