Why AMD Stock Is Slow to React to Fundamental Information
In this series, we’ve learned that Advanced Micro Devices (AMD) stock has been moving against the current. While the iShares PHLX Semiconductor ETF (SOXX) rose 28.7% in 2017 and has risen 1.2% YTD (year-to-date), AMD stock fell 27.6% in 2017 and has fallen 6.5% YTD. AMD has been underperforming despite improvements in its fundamentals.