Advanced Micro Devices Lower For Third Day In A Row

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Advanced Micro Devices, Inc. AMD shares are trading lower by 40 cents (2.9 percent) at $11.61 in Friday's session.

The stock has found nothing but sellers over the last three days, despite a Q3 beat announced after Tuesday's close.

See Also: Cramer Says The AMD Party Is Over, Calls Out Twitter Trolls

AMD has shed nearly $3.01 from its intraday high on Tuesday ($14.36) to its current low for the day ($11.35) that was reached earlier in Friday's session. That marks the lowest level for the stock since June 16, when it bottomed at $11.28.

Since making that low, so far the rebound has been capped at $11.77.

Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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