Advanced Micro Devices Inc. Stock Slips 6.0%, Underperforms Peers
Dow Jones2026/10/16 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Advanced Micro Devices Inc. shed 6.0% to $528.75 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.
This was the stock's third consecutive day of losses.
Advanced Micro Devices Inc. closed 19.7% below its 52-week high of $658.52, which the company reached on October 6th.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 1.4% to $214.13, Intel Corp. fell 5.8% to $89.85, and Applied Materials Inc. fell 4.82% to $409.29.
Trading volume totaled 22.3 million, compared to the 50-day average of 20.3 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2026 16:34 ET (20:34 GMT)
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