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How Intel's Earnings Turned AMD's Beat Into A Sell-Off

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How Intel's Earnings Turned AMD's Beat Into A Sell-Off

AMD shares fell nearly 9% in premarket Wednesday after its Q2 results, as investors reportedly wanted a stronger forward outlook. The negative reaction suggests the earnings were not enough to satisfy expectations for near-term guidance.

Analysis

AMD shares fell nearly 9% in premarket Wednesday after its Q2 results, as investors reportedly wanted a stronger forward outlook. The negative reaction suggests the earnings were not enough to satisfy expectations for near-term guidance.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

AMD-0.45

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