AMD Stock Rally Stalls Ahead of Earnings as Options Predict a 12% Move
The AMD stock rally has stalled ahead of its earnings, as investors brace for volatility ahead of its second quarter earnings report.
AMD's stock stopped climbing higher before it reports earnings, and traders expect the price might swing a lot up or down when those results come out. When a company has big news coming, people watch extra closely to see if the results match what they were hoping for.
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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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