Advanced Micro Devices Inc. Stock Slips 7.0%, Underperforms Peers
Dow Jones2026/08/05 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. shed 7.0% to $482.05 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed 17.6% short of its 52-week high of $584.73, which the company achieved on June 30th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. rose 3.4% to $219.22, Intel Corp. rose 0.2% to $101.06, and Applied Materials Inc. fell 2.26% to $534.24.
Trading volume totaled 48.5 million, compared to the 50-day average of 30.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 05, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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