What's Going On With Advanced Micro Devices Stock Today?

Advanced Micro Devices, Inc. AMD shares are trading lower Tuesday. The company is set to report second quarter earnings in 14 days.

What To Know: AMD will report second quarter financial results on Tuesday Aug. 1 after the close of the market.

Earnings per share of 57 cents are estimated to be reported while revenue is set to come in at $5.31 billion.

B of A Securities analyst Vivek Arya maintained Advanced Micro Devices with a Neutral and lowered the price target from $135 to $130.

Leading into earnings season, the stock has had an eventful past 3 months, up 30.55%.

Related Link: Ripple's Legal Victory Will Be A Rising Tide For The Crypto Industry, Says Cantor Fitzgerald Report

AMD Price Action: Shares of AMD were down 0.90% at $117.26 at the time of publication, according to Benzinga Pro.

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