Advanced Micro Devices, a year’s best-performing record stock, got pummeled Monday as a whole tech zone took a nosedive.
Shares of AMD tumbled as most as 11 percent on Monday to a low of $18.80, a biggest decrease among a 66 companies in a SP 500 tech index. AMD sealed down 9.5 percent, good next a Information Technology Index, that sealed down 3.5 percent.
Despite a setback, AMD is still a tip tech gainer of a year, rising some-more than 85 percent. The batch strike a rise on Sept. 13, when it traded during $34.14, and has given been on a downward spiral, dropping some-more than 40 percent.
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