NEW YORK, USA – Shares of semiconductor firm Advanced Micro Devices Inc (NASDAQ: AMD) posted solid gains during Thursday’s trading session, offering a positive signal for investors. The stock closed the official market day on April 25th at $96.64 USD.
This closing price represents a healthy increase of $2.17 (+2.30%) compared to its previous close of $94.47, indicating strong buyer interest throughout the day.
The positive momentum was evident from the start. AMD opened trading lower at $93.28 and briefly touched a low of 97.10** before settling near the closing price. The chart shows significant upward movement, particularly before the 2:00 PM EDT mark.
A slight pullback was observed in after-hours trading, with the price adjusting to $96.38, a minor decrease of $0.27 (0.28%) from the official close, as of 7:59 PM EDT.
Key financial metrics for AMD include a substantial market capitalization of $156.21 billion and a P/E ratio sitting at 96.41. The stock remains significantly off its 52-week high of $187.28 but well above its 52-week low of $76.48. Currently, AMD does not offer a dividend yield.
This upward movement for AMD stock on the NASDAQ exchange provides a noteworthy data point for market watchers tracking the competitive semiconductor sector.
