Advanced Micro Devices (AMD) stock is experiencing a strong rally in pre-market trading, despite the absence of specific company news driving the movement.
- Trading up +2.64% at $213.18 in pre-market activity, following a previous close of $207.69.
- The upward movement is primarily attributed to broader market sentiment and technical momentum.
- Data indicated highly bullish options activity on January 12, contributing to the strong pre-market price pressure.