Advanced Micro Devices Inc. stock underperforms its rivals Wednesday despite daily gains



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Shares of Advanced Micro Devices Inc. AMD,
+ 1.58%
rose 1.58% to $ 92.35 on Wednesday, on what turned out to be a mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.20%
up 0.20% to 31,437.80 and the S&P 500 SPX index,
-0.03%
down 0.03% to 3,909.88. Advanced Micro Devices Inc. closed $ 6.88 below its 52-week high ($ 99.23), which the company reached on January 11.

The stock showed a mixed performance against some of its rivals on Wednesday, such as NVIDIA Corp. NVDA,
+ 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. The volume of transactions (42.3 million) remained 1.4 million below its average volume over 50 days of 43.7 million.

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

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