AMD Stock Benefits from a Clash Between Traders and Investors
This should be a warning shot across yer bow.
This should be a warning shot across yer bow.
AMD (NASDAQ:AMD) stock is becoming an increasingly tricky case. That’s because there are two totally different sets of folks that own AMD stock right now, and that’s to say nothing of the short-sellers.
The fascinating thing with the run-up in AMD stock recently is that it comes without any key driving force. On a macro scale, there’s been no big breakthrough in the trade war, nor have semiconductor earnings all been home runs this earnings season. There’s not much specific to Advanced Micro Devices, in particular, that should be powering a 20% move in the share price.
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