Advanced Micro Devices Inc. shares underperform on Wednesday compared to competitors, despite daily gains

Advanced Micro Devices Inc. shares underperform on Wednesday compared to competitors, despite daily gains

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Advanced Micro Devices Inc. AMD shares,
+ 1.58%
rose 1.58% to $ 92.35 on Wednesday in what proved to be a fully mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
increasing 0.20% to 31,437.80 and the S&P 500 SPX Index,
-0.03%
falling 0.03% to 3,909.88. Advanced Micro Devices Inc. closed $ 6.88 short of its 52-week high ($ 99.23), which the company reached on Jan. 11.

The stock showed mixed performance when compared to some of its competitors on Wednesday, such as NVIDIA Corp.
+ 3.51%
rose 3.51% to $ 590.57, Intel Corp. INTC,
+ 0.14%
rose 0.14% to $ 58.86 and Texas Instruments Inc. TXN,
+ 0.39%
rose 0.39% to $ 174.36. Turnover (42.3 M) remained 1.4 million below its average 50-day volume of 43.7 M.

Editor’s note: this story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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