DJ Advanced Micro Devices Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. $(AMD)$ slid 2.83% to $126.91 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed $100.39 below its 52-week high ($227.30), which the company reached on March 8th.
The stock underperformed when compared to some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ fell 2.25% to $134.25, Intel Corp. $(INTC)$ fell 2.12% to $20.34, and Applied Materials Inc. $(AMAT)$ rose 0.16% to $169.35.
Trading volume (67.0 M) eclipsed its 50-day average volume of 35.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 16:36 ET (21:36 GMT)
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