Advanced Micro Devices (AMD) Shares Drop 15% Amid Broader Technology Sector Selloff
Shares of Advanced Micro Devices (AMD) experienced a significant decline on Thursday, falling over 15% to trade at $414.78. The price drop represented a loss of approximately $74 per share during late-day trading. The decline was part of a wider market movement affecting the technology sector. During the same session, the tech-heavy Invesco QQQ Trust (QQQ) fell nearly 6%, while broader technology sector ETFs saw declines exceeding 7%.
Topics: market volatility stock price decline technology sector selloff