Advanced Micro Devices (AMD) Stock Sinks As Market Gains: Here's Why

Advanced Micro Devices (AMD) ended the recent trading session at $96.39, demonstrating a -0.26% swing from the preceding day's closing price. This change lagged the S&P 500's 0.06% gain on the day. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.1%.Prior to today's trading, shares of the chipmaker had lost 6.37% over the past month. This has lagged the Computer and Technology sector's loss of 5.52% and the S&P 500's loss of 4.29% in that time.The investment community will be clos ...