AMD Stock Plummets 10.09% in Three Days as Trading Volume Hits 15th Highest in Market
1min read On March 28, 2025, advanced micro devices (AMD) experienced a significant decline, with its stock price dropping by 3.22%. This marked the third consecutive day of decline for the company, resulting in a total decrease of 10.09% over the past three days. The trading volume for amd on this day was substantial, reaching 32.09 billion, making it the 15th highest in the market for the day.
Jefferies, a prominent financial services firm, downgraded its rating for AMD from "Buy" to "Hold" on March 27, 2025. This change in outlook was driven by various factors, including market uncertainties and the company's recent performance. The downgrade was widely reported and had an immediate impact on AMD's stock price, contributing to its decline.
In response to the downgrade, market analysts and investors closely monitored AMD's performance. The decision by Jefferies to lower its rating from "Buy" to "Hold" was seen as a cautious move, reflecting the firm's concerns about the company's future prospects. This downgrade, along with other market factors, played a significant role in the stock's recent decline.
Ask Aime: What is the impact of Jefferies downgrading AMD's rating from "Buy" to "Hold" on the company's stock performance?
Despite the recent setbacks, AMD remains a key player in the semiconductor industry. The company's innovative products and strong market position continue to attract attention from investors and analysts alike. However, the recent downgrade and market volatility have raised questions about the company's short-term outlook.
