AMD Stock Ends Volatile Day Near Unchanged Mark After Strong Recovery
Advanced Micro Devices Inc (NASDAQ: AMD) shares concluded a turbulent trading session on April 28th, finishing nearly flat after significant price fluctuations throughout the day. The semiconductor company experienced considerable intraday swings before settling close to its previous closing price.
Market data shows AMD stock closed the regular trading session at 96.39 USD. This marked a minimal decrease of 0.25 USD, or 0.26 percent, compared to the prior day’s close of 96.64 USD. The official market close was recorded at 8:00 pm GMT-4.
The trading day proved dynamic for AMD. It opened lower at 95.58 USD and reached an intraday high of 97.49 USD early in the session. However, the stock faced selling pressure that pushed it down to an intraday low of 94.27 USD around midday. From that point, AMD staged a notable recovery through the afternoon, climbing back significantly, as illustrated by the intraday price chart.
In after-hours trading following the close, AMD shares edged slightly higher, trading up 0.24 USD (0.25 percent) to 96.63 USD, effectively erasing the regular session’s minor loss.
AMD’s closing price of 96.39 USD places it within its 52-week trading range. Over the past year, the stock has reached a high of 187.28 USD and a low of 76.48 USD.
Key financial details indicate Advanced Micro Devices has a market capitalization of 15.58KCr. The company currently trades with a Price to Earnings (P/E) ratio of 96.16. According to the available data, AMD does not currently provide a dividend yield to its shareholders.
