AMD shares declined 1.76% to close at $199.79, underperforming the broader market as the S&P 500 and Nasdaq posted gains. The stock continues a downward trend from its mid-February high of $213.57, despite a lack of company-specific news.
- The price drop occurred amidst positive market sentiment following a Supreme Court ruling against tariffs and resilient economic data.
- No major announcements or events were reported for AMD to explain the divergence from the market's upward movement.
- The stock closed at $199.79, down from the previous day's close of $203.37.