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AMD Stock Shows Early Volatility: Shares Hover Near Flat After Testing $97 Mark

NEW YORK, USA – Shares of Advanced Micro Devices Inc (NASDAQ: AMD) experienced notable fluctuations in early trading on April 28th, drawing attention from market watchers. The semiconductor powerhouse saw its stock price make significant moves shortly after the opening bell.

As of 10:13 AM EDT, AMD stock was trading at 96.67 USD. This represented a marginal gain of +0.025 USD or +0.026% for the day, hovering very close to its previous closing price of 96.64 USD.

The trading session began with AMD opening lower at 95.58 USD and dipping slightly further to a low of 95.47 USD. However, the stock quickly mounted a strong rally, surging to an intraday high of 97.49 USD. Following this peak, the price retreated, settling near the flatline as indicated by the current trading price. This early volatility highlights active trading in the chipmaker’s shares.

Key financial metrics for AMD at this time include:

  • Market Cap: 156.22 Billion USD
  • P/E Ratio: 96.43, indicating high market expectations relative to current earnings.
  • Dividend Yield: Not currently offered (-)
  • 52-Week High: 187.28 USD
  • 52-Week Low: 76.48 USD

Investors are closely observing AMD’s price action following the early session spike and subsequent pullback, watching to see how the stock trends for the remainder of the trading day.

Media Desk

johnshan is a financial journalist based in USA . He joined the mediahousepress.co.in news team in November 2022. He has more than two years experience covering Asian equity markets and foreign exchange. He previously wrote for Reuters news.

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