AMD Stock Explodes: Shares Catapult Nearly 24% in Stunning Market Rally

SANTA CLARA, CA – Advanced Micro Devices Inc. (NASDAQ: AMD) delivered a staggering performance in the stock market on Tuesday, April 9th, leaving investors and market watchers buzzing. The semiconductor company’s shares surged dramatically, closing the official trading session at $96.84 USD.

This closing price represents a monumental single-day gain of $18.63, translating to an impressive 23.82% increase from the previous close of $78.21. The powerful upward momentum solidified AMD as one of the day’s top performers.

Trading activity for AMD was intense throughout the session. The stock opened at $79.22 and experienced a significant climb, reaching a daily high of $97.91 before settling slightly lower at the close. The lowest point for the stock during the day was $78.87. The trading day concluded at 7:59 pm GMT-4, according to the timestamp provided.

Following the official market close, AMD shares saw a minor pullback in after-hours trading. The price dipped slightly to $96.04, representing a decrease of $0.80 or 0.83% from the closing bell price.

Key financial metrics visible include a market capitalization listed as 15.65KCr and a Price-to-Earnings (P/E) ratio of 96.60. The data also shows AMD’s 52-week high at $187.28 and its 52-week low at $76.48, indicating significant volatility over the past year. No dividend yield was reported for the stock.