DJ Advanced Micro Devices Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Advanced Micro Devices Inc. $(AMD)$ sank 0.13% to $120.63 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's third consecutive day of losses.
Advanced Micro Devices Inc. closed $106.67 short of its 52-week high ($227.30), which the company achieved on March 8th.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 2.99% to $138.31, Intel Corp. $(INTC)$ rose 0.85% to $20.22, and Applied Materials Inc. $(AMAT)$ rose 0.76% to $163.87.
Trading volume (32.7 M) remained 3.4 million below its 50-day average volume of 36.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 16:37 ET (21:37 GMT)
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