DJ Advanced Micro Devices Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Advanced Micro Devices Inc. $(AMD)$ rose 1.89% to $130.15 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a four-day losing streak.
Advanced Micro Devices Inc. closed $97.15 short of its 52-week high ($227.30), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NVIDIA Corp. $(NVDA)$ rose 3.14% to $139.31, Intel Corp. $(INTC)$ fell 0.20% to $20.12, and Applied Materials Inc. $(AMAT)$ rose 1.76% to $171.13.
Trading volume (44.9 M) eclipsed its 50-day average volume of 35.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:36 ET (21:36 GMT)
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