Advanced Micro Devices Back Under $2

Advanced Micro Devices, Inc. AMD shares are trading lower by $0.12 at $1.83 in Wednesday's session. After the close on Tuesday, the company reported inline earnings on slightly better revenue.

After a lower open, it immediately bottomed at $1.80 and began to move higher. The current low coincides with multiple lows in that area back in mid-October.

The issue has been under selling pressure since December 29, when it peaked at $3.06 and ended the session that day at $3.