AMD Stock: Why It Fell 6.69%?
$Advanced Micro Devices(AMD.US$ $Direxion Daily Semiconductor Bull 3x Shares ETF(SOXL.US$ $PHLX Semiconductor Index(.SOX.US$3
The stock price of AMD (AMD) fell by 6.69% in the most recent trading session. This is why.
The stock price of AMD (AMD) fell by 6.69% in the most recent trading session. This is why.
Arya cut the estimates on both AMD and Intel in order to account for further deterioration in consumer PC demand and inventory excess. And Arya pointed out that the “Buy” argument is based on the current valuation, the data center share gain potential, and consistency of execution.
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Dragon18 : Probably because they are afraid that AMD, like NVDA, will cut their financial reports drastically. Or they just panicked and fled together, meaning there was no reason to fall. When everyone realized this, there was no reason for the increase to come back. If you harvest a scythe and cut it back and forth, sometimes you won't be cut as long as you don't send your neck to the scythe yourself. The premise is that you haven't set your own stop loss price. Learning about stop-loss and take-profit is very important for making money when trading stocks.
Carlosoo OP Dragon18 : Timely stop loss applies to any situation, thanks for sharing!