1. Home » 
  2. Markets » 
  3. AMD's Stock Price Surges by 9.69% on November 1, 2023

AMD's Stock Price Surges by 9.69% on November 1, 2023

AMD's stock gained 9.69% on November 1, 2023, closing at $108.04 , with a 52-week price range between $58.03  and $132.83 , a market capitalization of approximately $174.56 billion , and a high P/E ratio of 851.85.

by Rajesh

Updated Nov 02, 2023

Article continues below advertisement
AMD's Stock Price Surges by 9.69% on November 1, 2023

Advanced Micro Devices Stock Price

On November 1, 2023, AMD's stock exhibited a significant surge, closing at $108.04, which represented a remarkable 9.69% gain compared to the previous day's closing price of $98.50. This substantial one-day increase reflects strong investor interest and positive market sentiment. However, it's essential to consider broader market conditions and long-term trends when evaluating AMD's stock performance and potential investment decisions.

Article continues below advertisement
Article continues below advertisement

AMD Stock Analysis

Advanced Micro Devices (AMD) is a semiconductor company listed on the NASDAQ stock exchange under the ticker symbol AMD. On November 1, 2023, AMD's stock was trading at $108.04 . The stock exhibited notable gains on that day, with a 9.69% increase, closing at $9.54  higher than the previous trading day's closing price of $98.50 .

AMD's 52-week stock price range shows a significant price fluctuation, with the stock reaching a high of $132.83  and a low of $58.03  over the past year. This suggests a degree of volatility in the stock's performance.

In terms of market capitalization, AMD is valued at approximately $174.56 billion , indicating that it is a large-cap company within the semiconductor industry. The company's stock has a relatively high price-to-earnings (P/E) ratio of 851.85, which might indicate that the market has high expectations for its future earnings growth. 

The CDP score of "B" suggests that AMD has a moderate level of environmental, social, and governance (ESG) performance. ESG factors have gained increasing importance among investors seeking sustainable and responsible investment opportunities.

Article continues below advertisement
Article continues below advertisement

Advanced Micro Devices

AMD, or Advanced Micro Devices, is a leading American semiconductor company. They are known for their CPUs and GPUs, including the Ryzen series, which competes with Intel and NVIDIA. AMD's focus on high-performance and energy-efficient products has made them a key player in the technology industry, driving innovation and offering consumers compelling alternatives in the market.

Article continues below advertisement
Article continues below advertisement

Stock Data - AMD

Metric

Value

Stock Price (Nov 1)

$108.04 

Change

$+9.54 (9.69%) 

High

$108.15

Low

$98.50

52-Week High

$132.83 

52-Week Low

$58.03 

Market Cap

$174.56 billion 

P/E Ratio

851.85

CDP Score

B

Average Volume

53.14 million shares


Disclaimer : The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.