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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: New All-Time Highs For AMD?

AMD Slides Despite Beat

Advanced Micro Devices, Inc. (NYSE:AMD) shares are trading higher on Wednesday. The company recently reported its earnings. But the move may have temporarily stalled out. The stock has run into resistance at a former peak.

"Sell at former peaks" is an old adage, and it may prove to be good advice with AMD. That's why it is the Stock of the Day.

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