Has AMD Stock Found Its Support Yet?
Earnings are not the easiest to trade. But if you bought Advanced Micro Devices, Inc. (NASDAQ:AMD) stock before it reported this time, you're likely smiling now. On the day following its earnings release, AMD stock skyrocketed 52%, marking its biggest one-day rise in 35 years.
The story doesn't end there. After such a giant surge, you'd expect some pullbacks. And that's exactly what AMD stock is doing right now. Trading at $3.54 apiece, AMD shares have slipped more than 10% since the stock's massive jump on April 22.
Whatever.
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Earnings are not the easiest to trade. But if you bought Advanced Micro Devices, Inc. (NASDAQ:AMD) stock before it reported this time, you're likely smiling now. On the day following its earnings release, AMD stock skyrocketed 52%, marking its biggest one-day rise in 35 years.
The story doesn't end there. After such a giant surge, you'd expect some pullbacks. And that's exactly what AMD stock is doing right now. Trading at $3.54 apiece, AMD shares have slipped more than 10% since the stock's massive jump on April 22.
Whatever.
Den vollständigen Artikel lesen ...