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AMD stock volatility expected ahead of earnings release

Investopedia · ·by G4L

DRAM
DRAM Roundhill Memory ETF
$41.78 +6.34%
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  1. 1AMD will release its earnings this afternoon.
  2. 2Wall Street expects AMD revenue of $13.1 billion and AMD net income of $2.4 billion.
  3. 3Investors anticipate a 7% swing in AMD stock price in either direction following the next earnings release.

So what's the key point?

AMD is releasing its financial results this afternoon. Experts expect revenue of $13.1 billion and believe the stock price could move significantly by about 7% after the announcement.

Source Investopedia · View original ↗

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