Why AMD Stock Skyrocketed Wednesday Morning Before Losing Ground @themotleyfool #stocks $AMD $C $JEF
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Why AMD Stock Skyrocketed Wednesday Morning Before Losing Ground @themotleyfool #stocks $AMD $C $JEF
Shares of Advanced Micro Devices (NASDAQ: AMD), commonly referred to as AMD, charged out of the gate on Wednesday, gaining as much as 4.9%. However, investor pessimism soon won out, and as of 11:29 a.m. ET today, the stock was up just 0.4%. The artificial intelligence (AI) chipmaker announced results that beat expectations, but investors eventually focused on the thorns rather than the rose.Where to invest $1,000 right now? Our analyst team just…
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