Advanced Micro Devices, Inc. (NYSE: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.
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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.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.