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AMD Advanced Micro Devices Inc

151.00
4.84 (3.31%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Advanced Micro Devices Inc NASDAQ:AMD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.84 3.31% 151.00 150.01 151.63 150.786 147.25 148.75 49,361,689 05:00:03

TECH STOCKS: AMD Climbs; Netflix Slips Ahead Of Earnings

21/04/2014 10:20pm

Dow Jones News


Advanced Micro Devices (NASDAQ:AMD)
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By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Advanced Micro Devices Inc., Apple Inc. and Facebook Inc. were among the gainers in the tech sector Monday, but many investors had their eyes on Netflix Inc. ahead of the online video-streaming company's quarterly results.

AMD (AMD) climbed more than 11%, to $4.11 a share. On Thursday, AMD reported a first-quarter loss of $20 million, but excluding one-time items, the chipmaker would have earned 2 cents a share on $1.4 billion in revenue. Analysts surveyed by FactSet had forecast AMD to break even on a per-share basis on sales of $1.34 billion.

Among tech bellwethers, Apple (AAPL)rose $3.16 a share to $527.96, Facebook (FB) was up by 86 cents a share at $59.77 and Oracle Corp. (ORCL) edged up by 4 cents a share at $40.12.

Netflix (NFLX), however, was off by $1.40 a share to trade at $344.27. Analysts have forecast Netflix will earn 81 cents a share on $1.27 billion in revenue, and the company has estimated it will add 2.25 million new U.S. video-streaming customers during the quarter.

More tech news from MarketWatch:

Tech trouble: Stocks fall as investors want profits

Apple, Google vie to offer exclusive game apps

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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