Shares of AMD fell 24% due to unjustified expectations of the investors
Yesterday’s AMD financial report showed that, despite improvements in all indicators, the company remains unprofitable. In conjunction with other factors, this led to the decline in value of the shares of the manufacturer by 10% immediately after the publication of the report.
But it turned out that this is not the limit, and today AMD stock dipped even more. In the amount of the reduction relative to the previous value amounted to over 24%. Eventually this led to the fact that the value of securities of the company has decreased to a value that was in the beginning of the year, bringing the growth over the past few months.
It is hoped that the release of the graphics adapter Vega and sales growth of processors at the expense of Ryzen contribute to further growth of the shares.