Wednesday, February 1st 2017
AMD's Stock Soars on FY 2016 Results
AMD recently shared their FY 2016 results - which beat expectations and showed a company poised for either a big return to form (or a monumental backflip) solely on the success or failure of its two upcoming products for the CPU and graphics space, Ryzen and Vega.
Share value is based on both tangible and intangible characteristics of the company it's based upon, and in this case, AMD seems to have garnered even more attention after its solid FY 2016 execution, building confidence and expectation on its upcoming product launches. As we speak, AMD's shares have increased by 16.3% up to $12.06 a share, increasing its market cap up to $10.93B.
Share value is based on both tangible and intangible characteristics of the company it's based upon, and in this case, AMD seems to have garnered even more attention after its solid FY 2016 execution, building confidence and expectation on its upcoming product launches. As we speak, AMD's shares have increased by 16.3% up to $12.06 a share, increasing its market cap up to $10.93B.
10 Comments on AMD's Stock Soars on FY 2016 Results
Here's to genuinely hoping the stocks go higher when Ryzen comes out. That would finally be a breath of fresh air.
got like 2 casinos nearbye...
That is a good, hard decision to be forced with. =]
1) smart money (billions that moves marker) buys when in media (financial news, analysts, mainstrean news) there are nothing but band news (by the way - smart money dictate what news there will be - all agencies are owned by multibillion wallstreet companies)....
2) then they change the news - and market start to get hyped (more than +100% stock price increase)...
3) and in next segment no matter if result will be positive for that stock company, the market makers will decide - if to sell - stock will crash back again (news and paid analysts will just mumble something like: "yea new products are grate and this Q results are grate too, but market just expected more, we recomend "sell" or "hold"") or market makers will decide to hold for another +100% and then news and paid analysts will be like: "yea, the results are grate, products are grate, look at this CEO's interview - it will be even better in future - we recommend "a strong buy"".
...either way you loose they win.
11$ had more buying power in 2007 than 12$ has now.