In after-hours activity, Advanced Micro Devices (AMD) had declined approximately -17% from the closing price of $22.79 to $17.69.
The history of AMD suggests that the stock will decline as low as $6.30 and possibly to the sub-$2.00 level. For the time being, we have outlined the following downside targets:
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$14.06
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$10.91
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$6.30
