Downgrades Hit Credence, AMD

Stock quotes in this article: AMD , CMOS , AMAT  

Credence Systems (CMOS Quote) and Advanced Micro Devices (AMD Quote) were dropping Wednesday after Goldman Sachs cut its rating on both to sell from neutral.

The company also lowered its rating on Applied Materials (AMAT Quote) to sell from neutral, but its shares managed to add 0.5% to $18.54.

AMD was down 1.8% at $19.99, and Credence was off 4.4% at $4.97.

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