AMD, Micron Shares Follow Nvidia Lower [TheStreet.com]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: TheStreet.com
Advanced Micro Devices Inc. and Micron Technology Inc. drop in sympathy with Nvidia's shares after shock of quarterly miss. M. Corey Goldman Nov 16, 2018 1:24 PM EST Shares of chipmakers Advanced Micro Devices Inc. ( AMD ) and Micron Technology Inc. ( MU ) posted declines on Friday, Nov. 16, in tandem with Nvidia Corp.'s ( NVDA ) stock, which dropped more than 18% after the company shocked Wall Street with a big quarterly miss. Nvidia reported a miss on both its top and bottom lines for the third quarter after the market close on Thursday, Nov. 15, prompting investors to push the stock lower. As of midday on Friday, Nvidia shares were down $37.59, or 18.6%, at $164.80 on the Nasdaq stock exchange. Shares of AMD and Micron fell in sympathy, with AMD's stock was down more than 6%,
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