AMD Stock Finishes Strong, Pushes Higher in After Hours Trading
Advanced Micro Devices Inc (NASDAQ: AMD) demonstrated positive momentum on Tuesday, April 30th, closing the regular trading session with notable gains and extending that rise in after hours activity.
Investors saw AMD shares finish the official trading day at 97.35 USD. This represented an increase of +1.29 USD, or +1.34%, compared to the previous close. The positive sentiment indicated solid investor interest throughout the session.
The trading day for AMD began at 92.81 USD. Shares experienced volatility, dipping to a low of 91.87 USD before climbing steadily. The stock reached an intraday high of 97.55 USD, very close to its final closing price, suggesting strength into the market close. The day’s performance surpassed the previous closing price of 96.06 USD.
Activity did not cease with the closing bell. In after hours trading, AMD shares continued their upward trajectory, reaching 99.31 USD. This marked an additional gain of +1.96 USD, equating to a further +2.01% increase, signaling continued buying interest following the positive regular session performance.
Key metrics for AMD reported alongside this performance include a Price to Earnings (P/E) ratio of 97.11. The company currently does not offer a dividend yield. Over the past year, AMD stock has traded within a 52 week range, hitting a low of 76.48 USD and a high of 187.28 USD, providing context for its current valuation.
As a major player in the semiconductor industry, AMD’s stock movements are closely watched by investors tracking the technology sector and the broader market. Tuesday’s performance reflects a positive session for the chipmaker.
