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Advanced Micro Devices
AMD shares are trading higher by $0.40 at $5.15 in Friday's session. The issue is following through on the rally from Thursday, when it added $0.33 after an upgrade from Cannacrod Genuity to Buy with a $6 price target.
After a flat open,it found support $0.07 under Thursfday's close ($4.75) at $4.68 and began to move higher. It has now climbed into the $5 handle, reaching $5.24, for the first time since July 19, 2012 when it ended the session at $5.07. It has not closed above $5 since July 9, 2012, when it ended the sessiona t $5.62.
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