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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

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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.

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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.

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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.

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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

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