Why AMD Stock Is Sinking Today
Advanced Micro Devices (NASDAQ: AMD) stock has regained ground following big losses early in Wednesday's session, but it's still in the red today. The semiconductor company's share price was down 2.3% as of 2:30 p.m. ET, but it had been down as much as 7.9% earlier in trading.
There doesn't appear to be any fresh, business-specific news driving AMD's pullback today. Instead, the sell-off is being propelled by the market's analysis of Broadcom's recent quarterly report.
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Source Fool.com
Advanced Micro Devices Inc. Stock
€421.05
12.260%
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