Advanced Micro Devices Inc. (AMD) Soars 1.41% on January 19
Equities Staff Follow |Advanced Micro Devices Inc. (AMD) had a good day on the market for Tuesday January 19 as shares jumped 1.41% to close at $89.45. About 44.93 million shares traded hands on 332,599 trades for the day, compared with an average daily volume of n/a shares out of a total float of 1.2 billion. After opening the trading day at $89.56, shares of Advanced Micro Devices Inc. stayed within a range of $89.58 to $87.24.
With today's gains, Advanced Micro Devices Inc. now has a market cap of $107.7 billion. Shares of Advanced Micro Devices Inc. have been trading within a range of $99.24 and $36.75 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Advanced Micro Devices designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in the computer market via CPUs and GPUs. AMD acquired graphics processor and chipset maker ATI in 2006 in an effort to improve its positioning in the PC food chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture, GlobalFoundries.
Advanced Micro Devices Inc. is based out of Santa Clara, CA and has some 11,400 employees. Its CEO is Lisa T. Su.
For a complete fundamental analysis of Advanced Micro Devices Inc., check out Equities.com’s Stock Valuation Analysis report for AMD.
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Advanced Micro Devices Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
To get more information on Advanced Micro Devices Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AMD’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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January 20, 2021 at 05:09AM
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Advanced Micro Devices Inc. (AMD) Soars 1.41% on January 19 - Equities.com
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