Advanced Micro Devices Inc. Stock Falls 10.9%, Underperforms Market

Dow Jones10-31

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

Shares of Advanced Micro Devices Inc. tumbled 10.9% to $504.80 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.8% to 7,580.07 and Dow Jones Industrial Average falling 1.1% to 51,770.31.

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

Advanced Micro Devices Inc. closed 23.3% 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 4.2% to $204.64, Intel Corp. fell 28.6% to $65.76, and Applied Materials Inc. fell 7.49% to $390.09.

Trading volume totaled 39.3 million, compared to the 50-day average of 19.8 million.

Data source: Dow Jones Market Data, FactSet

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