What's Going on With AMD Stock Wednesday?
AMD trades at $533 ahead of Q2 earnings on Aug. 4. Wall Street expects strong revenue growth, but valuation leaves little room for error.
AMD's stock price is high right now, and Wall Street thinks the company will make more money soon. When a stock is expensive, even good news might not make it go up much—so watch carefully to see if AMD does even better than people expect.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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