AMD plunges 9% after Wall Street raises worries about profits, cryptocurrency demand

AMD plunges 9% after Wall Street raises worries about profits, cryptocurrency demand

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/25/amd-craters-after-wall-street-worries-over-its-profitability-cryptocurrency-demand.html

When a company is one of the best performing stocks in the entire market, it needs to report perfect results and guidance to drive its shares higher.

AMD did not do that Tuesday, when it gave a profitability forecast that disappointed some Wall Street analysts.

AMD plunges 9% after Wall Street raises worries about profits, cryptocurrency demand

Oct 25, 2017, 2:33pm UTC
https://www.cnbc.com/2017/10/25/amd-craters-after-wall-street-worries-over-its-profitability-cryptocurrency-demand.html >When a company is one of the best performing stocks in the entire market, it needs to report perfect results and guidance to drive its shares higher. >AMD did not do that Tuesday, when it gave a profitability forecast that disappointed some Wall Street analysts.