3 ms·

AMD was up 5% last night and finished down 1% today, so don't order your lambo just yet.

• PartiallyTyped 6y ago
  That seems to happen every time with Amd. They post record earnings, exceed expectations and stock tanks 5%.
  • dhosek 6y ago
    It's common for many if not most companies. The guiding principle of buy on the rumor, sell on the news often means that a lot of investors realize gains after a big positive news event driving the price down. There were drops like that, iirc, when Apple announced the change to Intel and I think also the iPhone announcement. The drop is generally short-lived as the long-term investors buy in.
  • scsilver 6y ago
    Its a well know rule to sell on the news.
• Black101 6y ago
  Sell at the news is often a good advice...