Advanced Micro Devices Inc. Stock Falls 8.8%, Underperforms Peers

Dow Jones05:33

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

Shares of Advanced Micro Devices Inc. slipped 8.8% to $534.06 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.1% to 52,347.55 and the S&P 500 Index falling 0.4% to 7,561.67.

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

Advanced Micro Devices Inc. closed 18.9% short of 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 2.0% to $162.85, Intel Corp. fell 2.5% to $59.66, and Applied Materials Inc. fell 2.74% to $370.50.

Trading volume totaled 48.6 million, compared to the 50-day average of 26.3 million.

Data source: Dow Jones Market Data, FactSet

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