Why Is Advanced Micro (AMD) Down 8.3% Since Last Earnings Report?

A month has gone by since the last earnings report for Advanced Micro Devices (AMD) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Advanced Micro due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. AMD Q3 Earnings Beat Estimates, Revenue ...