Advanced Micro Devices Inc. Stock Slides 17.3%, Underperforms Peers
Dow Jones2026/11/05 21:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. plunged 17.3% to $404.40 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.4% to 7,353.73 and Dow Jones Industrial Average falling 3.4% to 51,523.06.
The stock's fall snapped a two-day winning streak.
Advanced Micro Devices Inc. closed 38.6% below its 52-week high of $658.52, which the company achieved on October 6th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 9.3% to $181.60, Intel Corp. fell 10.3% to $52.25, and Applied Materials Inc. fell 13.58% to $319.25.
Trading volume totaled 69.7 million, compared to the 50-day average of 21.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 05, 2026 16:33 ET (21:33 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.
You may also like
Production Increase Falls Short, Layoffs First! Boeing (BA.US) Cuts 5% of Commercial Airplane Jobs, Delays 737 Monthly Production Target of 47 Aircraft to 2027
Stephanie Pope, head of Boeing's commercial airplanes division, informed employees in an internal memo on Monday that due to obstacles in increasing aircraft production, the division plans to cut 5% of its workforce.
After acquiring SpotHero, Uber (UBER.US) makes its debut in the parking sector with a parking space reservation feature, initially available in 15 U.S. cities
Uber has launched a brand new parking space reservation feature, which marks its first step in the parking sector following its acquisition of the parking app SpotHero earlier this year.
Crypto prices
More
