Advanced Micro Devices Inc. Stock Falls 7.5%, Underperforms Market

Dow Jones05:34

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

Shares of Advanced Micro Devices Inc. shed 7.5% to $466.84 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 51,983.98 and the S&P 500 Index falling 0.5% to 7,541.40.

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

Advanced Micro Devices Inc. closed 29.1% below its 52-week high of $658.52, which the company reached on October 6th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. fell 1.3% to $202.06, Intel Corp. fell 8.8% to $59.97, and Applied Materials Inc. fell 3.99% to $374.53.

Trading volume totaled 31.6 million, compared to the 50-day average of 20.3 million.

Data source: Dow Jones Market Data, FactSet

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