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0 0.000431778929188323 0 0.000431778929188323 0.00259067357512963 0.00388601036269429 0.00647668393782393 0.00906735751295341
Stock impact report

The Ratings Game: AMD stock logs best day in nearly three years after predicting sales jump ‘that would make Evel Knievel nervous’ [MarketWatch]

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: MarketWatch
AMD stock logs best day in nearly three years after predicting sales jump ‘that would make Evel Knievel nervous’ Advanced Micro Devices Inc. shares rallied for their best day in nearly three years Wednesday after the chip maker forecast a strong full-year outlook, with much of the momentum coming in the second half of the year. AMD shares AMD, +19.95% surged 20% to close at $23.09 Wednesday, touching an intraday high of $23.13, after the company’s full-year outlook made up for weakness in its holiday-quarter sales and first-quarter forecast late Tuesday. The stock logged its largest one-day percentage gain since April 22, 2016, when it surged 52% , and its highest close since Dec. 3, 2018, when it finished at $23.71, according to FactSet data. The S&P 500 SPX, +1.55% closed up 1.6%, the tech-heavy Nasdaq Composite Index COMP, +2.20% finished up 2.2%, and the PHLX Semiconductor Index SOX, +2.87% advanced 2.9%. Shares took off in after-hours activity late Tuesday and never l Show less Read more
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