Market Overview

Why Advanced Micro Devices's Stock is Down During Today's Session

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The Price And Volume Action In Advanced Micro Devices's Stock Today

Advanced Micro Devices's (NASDAQ:AMD) stock has been falling Wednesday, down 3.36% to a price of $91.77. The stock's current volume for the day is 24.42 million, which is approximately 59.71% of its previous 30-day average volume of 40.89 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Advanced Micro Devices shares are trading lower after CNBC reported Intel's CEO, Bob Swan, will be replaced by VMWare CEO Pat Gellsinger.

Further Analysis of Recent Price Action

The 50-day moving average price of Advanced Micro Devices's stock was $88.95 when this article was published. The stock reached a high of $99.23 and a low of $36.75 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

 

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