A 10% decline in AMD's stock price, which the market reacted to yesterday's publication of the quarterly report of the company, was just the beginning of a downward movement. Today, AMD shares have fallen in price by 24.23%, having worked yesterday's news during the first full day of trading.
We already mentioned the reasons for the skepticism of investors. AMD revenue in the corporate segment and the direction of "custom-made" products increased by only 5% over the year, namely, the main customers of the company are concentrated here: Sony, Microsoft and HP Inc. In the coming quarter, AMD's profit margin should decrease slightly, according to the company's own forecasts. And even the expectations of the increase in revenue for the year by a two-digit percentage did
not discourage pessimistic investors. In addition, AMD still can not get to break-even, and this can not but bother the experts. Obviously, with respect to AMD, the market has generated somewhat high expectations, and now there has been a correction. There is nothing wrong with this, AMD shares in its history have been repeatedly assessed below current levels.
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