The year’s best-performing tech batch — AMD — got crushed


<!– –>

Lisa T. Su, CEO of Advance Micro Devices.

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.

Trading Nation: Navigating a chip wreck

Cloud plays might be 'best tech bonds to own' as 2018 ends: Cramer


Share this video…

Watch Next…

News Tips


Please enter your comment!
Please enter your name here