Why AMD Stock Is Rising Today
Advanced Micro Devices (NASDAQ: AMD) stock has moved higher in Monday's trading despite giving up some of its early gains. The company's share price was up 1.1% as of 3:15 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were both up 0.7%.In addition to positive momentum for the broader market, AMD stock is getting a lift from bullish analyst coverage. The company's share price is now up 22% over the last three months. Image source: Getty Images.Continue reading
Advanced Micro Devices (NASDAQ: AMD) stock has moved higher in Monday's trading despite giving up some of its early gains. The company's share price was up 1.1% as of 3:15 p.m. ET. At the same point in the day's trading, the S&P 500 and the Nasdaq Composite were both up 0.7%.
In addition to positive momentum for the broader market, AMD stock is getting a lift from bullish analyst coverage. The company's share price is now up 22% over the last three months.
Image source: Getty Images.
