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Why AMD Stock Fell 10.2% in August

TheMotleyFool

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Why AMD Stock Fell 10.2% in AugustPhoto, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/da273d82-9e59-413a-99b3-2b0094ff0854.png

Shares of Advanced Micro Devices (NASDAQ: AMD) fell 10.2% in August, according to data from S&P Global Market Intelligence.

August was a roller coaster of emotions for AMD investors as the company beat earnings and revenue expectations in its quarterly report but came up short in its third-quarter guidance. As a result, the company's stock began to fall from the first week of the month.

The chart below shows AMD's stock decline throughout August as investors prepared for a less-than-stellar third quarter.

Source Fool.com

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