Advanced Micro Devices (AMD) Stock Loses 2% In Five Days: A Risky Investment?

Within a week, the price remains unsteady; it strongly fluctuates. Last Tuesday made up almost $109.32 in two hours it jumped to $110.74. in mid-week happened a sharp fall by losing 2%. At the moment, it is open at $109.15. Advanced Micro Devices will report a full-year profit of $ 2.50 per share in the current fiscal year, with an estimate of earnings per share from 2.43 to 2.62 dollars. Analysts predict that the next will be 3.04 dollar financial year the company’s earnings per share will be from 2.60 to 3.31 dollars.
Advanced Micro Devices (AMD) Stock Loses 2% In Five Days: A Risky Investment?The last time Advanced Micro Devices released its financial results was on Monday, July 26th. The manufacturer of semiconductors reported a profit of $ 0.63 per share for the quarter. At Advanced Micro Devices, the return on equity was 39.20%, while the net margin – 25.76%. The company’s revenue for the quarter was 3.85 billion dollars, while analysts had expected 3.61 billion. For the same period the previous year, earnings per share were $ 0.18. Quarterly revenue rose by 99.3% compared to the same period last year.

April Sanchez

Business and Tech Reporter