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Wajeeh Khan

The Move in AMD Stock After Earnings Was Much Larger Than the Average. Why?

AMD Advanced Micro Devices

Investors expecting a standard post-earnings shimmy from Advanced Micro Devices (AMD) stock were instead met with a full-blown earthquake this week. 

Heading into the earnings print, options market braced for a modest 4.39% swing in AMD shares. Even historical data (past four earnings reports) implied a more manageable 7.35% move. 

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