Advanced Micro Devices Inc. stock outperforms market on strong trading day

Advanced Micro Devices Inc. stock outperforms market on strong trading day

Shares of Advanced Micro Devices Inc. AMD, +1.52% rose 1.52% to $77.52 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.45% falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA, -0.67% falling 0.67% to 30,772.79. The stock’s rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $86.94 short of its 52-week high ($164.46), which the company achieved on November 30th.

The stock outperformed some of its competitors Wednesday, as NVIDIA Corp. NVDA, +0.54% rose 0.54% to $151.64, Intel Corp. INTC, remained unchanged, and Texas Instruments Inc. TXN, -0.11% fell 0.11% to $154.29. Trading volume (79.0 M) remained 33.1 million below its 50-day average volume of 112.0 M.

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