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Why AMD Shares Are Falling Today

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading lower by 3.64% at $91.61. Shares of several companies in the broader technology space are trading lower amid a continued selloff in stocks.
byHenry Khederian
May 24, 2022
1 minute read
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Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are trading lower by 3.64% at $91.61. Shares of several companies in the broader technology space are trading lower amid a continued selloff in stocks. The sector is also under pressure following Snap Inc’s (NYSE:SNAP) second-quarter warning.

Snap shares are trading significantly lower Tuesday after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it expects to miss its previously-issued guidance… Read More

See Also: Why Pinterest Shares Are Sliding Today

AMD designs microprocessors for the computer and consumer electronics industries.

According to data from Benzinga Pro, AMD has a 52-week high of $164.46 and a 52-week low of $76.80.

 
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