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Advanced Micro Devices Inc. Stock Rallies 4.0%, Outperforms Peers
This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Advanced Micro Devices Inc. rose 4.0% to $467.51 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.4% to 7,473.47 and the Dow Jones Industrial Average rising 0.6% to 50,579.70.This was the stock's third consecutive day of gains.Advanced Micro Devices Inc. closed 0.4% short of its 52-week high of $469.22, which the company reached on May 11th.The stock outperformed some of its peers, as NVIDIA Corp. fell 1.9% to $215.33, Intel Corp. rose 1.1% to $119.84, and Applied Materials Inc. rose 1.12% to $432.16.Trading volume totaled 34.5 million, compared to the 50-day average of 39.0 million.