Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower Tuesday. The company is set to report second quarter earnings in 14 days.
What To Know: AMD will report second quarter financial results on Tuesday Aug. 1 after the close of the market.
Earnings per share of 57 cents are estimated to be reported while revenue is set to come in at $5.31 billion.
B of A Securities analyst Vivek Arya maintained Advanced Micro Devices with a Neutral and lowered the price target from $135 to $130.
Leading into earnings season, the stock has had an eventful past 3 months, up 30.55%.
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AMD Price Action: Shares of AMD were down 0.90% at $117.26 at the time of publication, according to Benzinga Pro.
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