Advanced Micro Devices Stock Falls On Unusually High Volume (AMD)

NEW YORK ( TheStreet) -- Advanced Micro Devices (NYSE: AMD) is trading at unusually high volume Tuesday with 63 million shares changing hands. It is currently at four times its average daily volume and trading down 56 cents (-10.1%) at $5.06 as of 12:10 p.m. ET.

Advanced Micro Devices has a market cap of $4.03 billion and is part of the technology sector and electronics industry. Shares are up 4.1% year to date as of the close of trading on Monday.

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company designs, develops, and sells microprocessor products, such as central processing unit (CPU) and accelerated processing unit (APU) for servers, desktop personal computers (PCs), and mobile devices.

TheStreet Ratings rates Advanced Micro Devices as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Advanced Micro Devices Ratings Report.

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