AMD Stock Sees Volatile Session, Closes Lower Before Rebounding in After-Hours Trading

SANTA CLARA, CA — Shares of Advanced Micro Devices Inc. (NASDAQ: AMD) navigated a turbulent trading session on Friday, August 20, ultimately closing in negative territory before mounting a notable comeback in after-hours activity. The stock finished the regular session at

1.35, or 0.81%, for the day.

The day’s trading was a tale of two halves for the chipmaker. The stock opened at $164.10, already below the previous day’s close of

158.25** in the morning hours. However, buyers stepped in with force, driving a sustained recovery that saw the stock climb throughout the afternoon. This rally pushed AMD’s shares to a day-high of $166.65, briefly surpassing the prior day’s closing price.

Despite this strong intraday rebound, the stock could not maintain its peak momentum into the closing bell, settling lower for the official session.

However, the story didn’t end there. In after-hours trading, sentiment appeared to shift decisively positive. The stock gained an additional

166.80. This post-market surge effectively erased the day’s losses and positioned the stock higher than its previous close, suggesting a strong potential start for the upcoming trading week.

Looking at the broader picture, AMD continues to trade near the upper end of its 52-week range, which spans from a low of $76.48 to a high of $186.65. The company’s current Price-to-Earnings (P/E) ratio stands at a robust 95.09, indicating high investor expectations for future growth. As is common for many high-growth technology firms, AMD does not currently offer a dividend, instead prioritizing the reinvestment of capital into research and development.

Investors will be watching closely to see if the positive momentum from Friday’s after-hours session can carry over and overcome the volatility seen during regular trading hours.