Why Advanced Micro Devices's Stock is Down During Today's Session

The Price And Volume Action In Advanced Micro Devices's Stock Today

Advanced Micro Devices's AMD stock has been falling Wednesday, down 3.36% to a price of $91.77. The stock's current volume for the day is 24.42 million, which is approximately 59.71% of its previous 30-day average volume of 40.89 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Advanced Micro Devices shares are trading lower after CNBC reported Intel's CEO, Bob Swan, will be replaced by VMWare CEO Pat Gellsinger.

Further Analysis of Recent Price Action

The 50-day moving average price of Advanced Micro Devices's stock was $88.95 when this article was published. The stock reached a high of $99.23 and a low of $36.75 in the past 52 weeks.

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