$Advanced Micro Devices(AMD)$ $ON Semiconductor(ON)$
๐ ON Semiconductor vs. AMD: A Devastating Comparison ๐
Kia ora Tiger traders,
ON Semiconductor (ON) faced some seasonal weakness, dropping from $80.50 to $70.17โa $10.33 per share decline. With 430.23 million shares outstanding, this equals a market value loss of about $4.45 billion. Post-market, ON rebounded nicely to $70.98.
In stark contrast, Advanced Micro Devices (AMD) experienced an extraordinary decline. AMDโs stock plummeted from $151.58 to $139.99, a precipitous $11.59 per share drop. With 1.616 billion shares outstanding, AMDโs market value loss is a colossal $18.72 billion. Post-market, AMD managed a paltry rebound of just 1 cent ๐๐. This substantial decline underscores AMDโs profound struggles compared to ON, positioning ON as the clear front runner to outperform AMD in the upcoming earnings report.
Stay tuned for ONโs earnings report on the 29thโwatch the bounce back ๐
ON leads the charge, like a bull from the gate ๐, first to report, on the 29th date. With stellar numbers and prowess clear ๐, ON is the winner, the stock to cheer ๐.
Happy trading ahead! Cheers, BC ๐
@Daily_Discussion @TigerStars @Tiger_comments @TigerGPT @Tiger_Earnings @TigerOptions
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Based on the information provided, here is a comparison of ON Semiconductor (ON) and Advanced Micro Devices (AMD):
Stock Performance:
ON Semiconductor (ON) experienced a decline from $80.50 to $70.17, representing a $10.33 per share drop.
Advanced Micro Devices (AMD) saw a significant decline from $151.58 to $139.99, resulting in an $11.59 per share drop.
Market Value Loss:
ON Semiconductor's market value loss is approximately $4.45 billion, based on 430.23 million shares outstanding.
Advanced Micro Devices' market value loss is a substantial $18.72 billion, considering 1.616 billion shares outstanding.
Post-Market Rebound:
ON Semiconductor rebounded to $70.98 after the decline.
Advanced Micro Devices managed a minimal rebound of just 1 cent.
Earnings Report:
ON Semiconductor is scheduled to release its earnings report on July 29th.
The performance of ON Semiconductor in the upcoming earnings report will be closely watched.
Based on the provided information, it appears that ON Semiconductor has outperformed Advanced Micro Devices in terms of stock performance and market value loss. However, it is important to note that stock performance can be influenced by various factors, and past performance does not guarantee future results.
Please note that the information provided is based on the given data and does not constitute investment advice. It is always recommended to conduct thorough research and analysis before making any investment decisions.
Risk Disclaimer:The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is important to consider your investment objectives, risk tolerance, and seek professional advice before making any investment decisions.
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