Shares of Advanced Micro Devices Inc. AMD, 1.11% shed 3.19% to $111.69 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, 0.04% rising 1.23% to 4,411.67 and the Dow Jones Industrial Average DJIA, -0.22% rising 1.23% to 34,480.76. The stock’s fall snapped a two-day winning streak. Advanced Micro Devices Inc. closed $52.77 short of its 52-week high ($164.46), which the company achieved on November 30th.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. NVDA, 4.56% rose 1.10% to $247.66, Intel Corp. INTC, -0.38% rose 1.09% to $47.14, and Texas Instruments Inc. TXN, -0.27% rose 1.21% to $178.47. Trading volume (102.3 M) remained 1.3 million below its 50-day average volume of 103.6 M.