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Stock impact report

How Advanced Micro Devices Inc. Stock Fell 41% Last Month [The Motley Fool]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: The Motley Fool
The semiconductor designer's moment in Wall Street's spotlight is ending on a dark note. Anders Bylund ( TMFZahrim ) Nov 9, 2018 at 4:27PM What happened Shares of Advanced Micro Devices ( NASDAQ:AMD ) fell 41% in October of 2018, according to data from S&P Global Market Intelligence . What started as a slow decline amid general market weakness turned into an all-out rout when the microchip designer reported unimpressive third-quarter results. So what AMD's third quarter was a mixed bag at best. Revenues rose 4% year over year to $1.65 billion, while adjusted earnings jumped 44% higher, landing at $0.13 per diluted share. Analysts had been looking for earnings near $0.12 per share on sales in the neighborhood of $1.70 billion. So far, so blah. The real damage was done by AMD's guidance for the fourth quarter. There, management sees top-li Show less Read more
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