Advanced Micro Devices Inc. Stock Falls 10.9%, Underperforms Market
Dow Jones2026/10/30 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. tumbled 10.9% to $504.80 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.8% to 7,580.07 and Dow Jones Industrial Average falling 1.1% to 51,770.31.
This was the stock's second consecutive day of losses.
Advanced Micro Devices Inc. closed 23.3% below its 52-week high of $658.52, which the company achieved on October 6th.
The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. fell 4.2% to $204.64, Intel Corp. fell 28.6% to $65.76, and Applied Materials Inc. fell 7.49% to $390.09.
Trading volume totaled 39.3 million, compared to the 50-day average of 19.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 30, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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