What's Going On With AMD Shares
Portfolio Pulse from Henry Khederian
AMD shares are trading lower by 2.13% to $122.60, potentially due to profit-taking after rising roughly 16% over the past five sessions. The stock's recent strength was driven by the broader semiconductor industry's performance and B of A Securities raising its price target from $105 to $120.
May 31, 2023 | 1:46 pm
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AMD shares are trading lower by 2.13% to $122.60, potentially due to profit-taking after a recent 16% rise. The stock's recent strength was driven by the broader semiconductor industry's performance and B of A Securities raising its price target from $105 to $120.
AMD shares are trading lower, potentially due to profit-taking after a recent 16% rise. The stock's recent strength was driven by the broader semiconductor industry's performance and B of A Securities raising its price target from $105 to $120. This news is directly related to AMD and could have a short-term negative impact on the stock price as investors may take profits.
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