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