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Why Advanced Micro Devices Plunged Today

TheMotleyFool 
0 0 09.12.24
Why Advanced Micro Devices Plunged TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png
 

Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) fell 5.4% in Monday trading, as of 2 p.m. ET.

The semiconductor stock fell today on the heels of an analyst downgrade from a Wall Street sell-side analyst, capping off a difficult few trading days for the artificial intelligence (AI) hopeful.

Today, Bank of America analyst Vivek Arya downgraded AMD to neutral from buy, while lowering his price target from $180 to $155.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€402.00
0.410%
Advanced Micro Devices Inc. gained 0.410% compared to yesterday.
The stock is one of the favorites of our community with 105 Buy predictions and 3 Sell predictions.
With a target price of 520 € there is a positive potential of 29.35% for Advanced Micro Devices Inc. compared to the current price of 402.0 €.
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