5 ms·
Rather strange that AMD's stock is down ~ 2.5 %
by throwaway132791 10y ago
Rather strange that AMD's stock is down ~ 2.5 %
- bryanlarsen 10y ago"buy on rumours, sell on news".
- Symmetry 10y agoThere were rumors of slightly better single threaded performance. Stock movements are always relative to expectations, investors knew roughly what was coming but not the exact details.
- Smushman 10y agoA normal affect of stock price during a major announcement. It even has a name '"buy the rumor, sell the news" http://www.investopedia.com/terms/n/news-trader.asp http://www.investopedia.com/terms/n/news-trader.asp The idea behind this, simply put, is that if you are in a trade for whatever reason with a stock that has a major announcement coming; you are pretty much at the potential peak at announcement time so it is a good time to get out.
- dabadoo 10y agoIts not really true. Half the time it goes down half the time it goes up.
- em500 10y agoThe stock is down 7% compared to yesterday, but up 500% compared to one year ago.