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Why AMD Stock Is Rising Today

TheMotleyFool

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Advanced Micro Devices (NASDAQ: AMD) stock has moved higher in Monday's trading despite giving up some of its early gains. The company's share price was up 1.1% as of 3:15 p.m. ET. At the same point in the day's trading, the S 500 and the Nasdaq Composite were both up 0.7%.

In addition to positive momentum for the broader market, AMD stock is getting a lift from bullish analyst coverage. The company's share price is now up 22% over the last three months.

Image source: Getty Images.

Source Fool.com