Why Advanced Micro Devices Stock Just Dropped
Advanced Micro Devices (NASDAQ: AMD) stock tumbled 5% through 2:35 p.m. ET Friday -- but maybe it should not have?
In a note out this morning, Wells Fargo analyst Aaron Rakers both identified the catalyst behind today's AMD stock decline and also explained why he thinks today's sell-off is a mistake.
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Source Fool.com
Advanced Micro Devices Inc. Stock
€421.05
12.260%
With 110 Buy predictions and 4 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 516 € shows a positive potential of 22.55% compared to the current price of 421.05 € for Advanced Micro Devices Inc..
