AMD Shares Plummet More Than 13.4% After Decline in Q4 Guidance – Seasonality Or End Of The Bull Run?

AMD Shares Plummet More Than 13.4% After Decline in Q4 Guidance – Seasonality Or End Of The Bull Run?

7 years ago
Anonymous $ZOEEBQ1zf0

http://wccftech.com/amd-shares-plummet-13-4-decline-q4-guidance-seasonality-end-bull-run/

AMD's EPYC ecosystem showed less than expected growth and is one of the many reasons for AMD's stock dip.

AMD (NASDAQ:AMD 12.33 -13.47%) shares have plummeted more than 13.4% after CEO Lisa Su guided a revenue drop of 13-18% sequentially. The company recently turned the ship around but immediately saw its shares drop in the wake of lowered guidance for Q4 2017. AMD has always been a stock that was especially vulnerable to market forces and this change in pace can be viewed as a warning indicator for market sentiment.