🔴 AMD is trading 5.1% down today after Northland Capital Markets downgrade to Market Perform

AMD is trading at $317.54, down 5.1% in pre-market action after Northland Capital Markets downgraded the stock to Market Perform.

• The decline extends a 3.79% drop from the previous session as investors engage in profit-taking following a sharp rally from $305.33 on April 23.
• Selling pressure remains high despite broader semiconductor sector strength fueled by Intel's recent partnership announcement with Tesla.