Advanced Micro Devices Inc. Stock Rallies 4.7%, Outperforms Peers

Dow Jones

1 hour ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Advanced Micro Devices Inc. rose 4.7% to $477.57 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,718.60 and Dow Jones Industrial Average falling 0.5% to 53,414.25.

The stock's rise snapped a three-day losing streak.

Advanced Micro Devices Inc. closed 18.3% below its 52-week high of $584.73, which the company reached on June 30th.

The stock outperformed some of its peers, as NVIDIA Corp. rose 0.8% to $230.36, Intel Corp. rose 4.5% to $95.80, and Applied Materials Inc. rose 4.31% to $454.71.

Trading volume totaled 19.3 million, compared to the 50-day average of 25.2 million.

Data source: Dow Jones Market Data, FactSet

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