Upside in AMD (AMD) Shares Intensifies, Stock Now Up 8%+ to a New 52-Week High
More News related to AMD
- Needham & Company Maintains a 'Buy' on Super Micro Computer (SMCI); Raises PT
- Macquarie Starts Semi Stocks: TXN, ADI, LLTC at Outperform, NVDA, INTC at Neutral, AMD, NSM, MU at Underperform
- Goldman Sachs Removes Advanced Micro Devices (AMD) From Conviction Sell List, But Still Negative
- AMD Foundation to Sponsor Game Design Workshop at 2010 Games for Change Festival
- AMD Announces Strong Infrastructure and Channel Support for Upcoming AMD Opteron(TM) 6000 Series Platform
Shares of Advanced Micro Devices (NYSE: AMD) have just gained nearly 2% in the last 5 minutes of trading, but we are not hearing any news that would be moving the stock. As today's move marks a new 52-week high in the stock, investors may be buying shares as a momentum trade or technical play.
After trading higher throughout today's trading session, heavy volume is moving the stock, which is now trading around $7.95. The stock is now up more than 8% for the session.
Stay tuned.
Related Categories
Corporate NewsMomentum Movers
Stocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
