Why AMD Stock Will Rally Before Its Earnings Announcement

11 Jul by Vitaliy Dadalyan

Why AMD Stock Will Rally Before Its Earnings Announcement

The trading action in Advanced Micro Devices, Inc. (NASDAQ:AMD) ahead of its quarterly earnings report is almost predictable. Conversely, if AMD stock does not trade higher in the weeks before quarterly results, it has a chance of rallying on any mildly good news. GlobalFoundries is moving its manufacturing to 7 nanometer, while Intel struggles with its 10nm process.

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Source:: https://finance.yahoo.com/news/why-amd-stock-rally-earnings-035823418.html

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