The Traderszone Network

Published in TZ Latest News 25 July, 2016 by The TZ Newswire Staff

Why Advanced Micro Devices, Inc. Stock Jumped 19%

Radeon Amd

AMD RADEON RX 480 GRAPHICS CARD. IMAGE SOURCE: AMD.

What: Shares of semiconductor company Advanced Micro Devices (NASDAQ: AMD) rose sharply for the second trading day in a row on Monday, climbing as much as 19%. The stock closed the trading day up 14.7%, or up a total of 28.4% in the past two trading days. The move follows the company’s better-than-expected second-quarter results reported after the market closed on Thursday.

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