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AMD Stock Value Doubles in 90 days

But still at $4.00

| Posted: May 22, 2009 3:56 pm

After the Split up of AMD into AMD and GlobalFoundries it seems that AMD's Stock made a small jump.


The per-share price of AMD Stock rose from a meager $1.80 in November to a still low but better $4.34. Of course the biggest jumps have happened in the last couple of months. In March AMD's stock was at $2.01.


Intel's recent hefty fine could have something to do with this also.


Read more here.


AMD Stock Value Doubles in 90 days


This means people earned a lot of money if they purchased AMD on on November 25th when the share value was at $1.80 or March 2nd when the same share cost $2.01.


Yesterday the value of a single AMD share was $4.34 and just a month ago it was selling for $3.33. if AMD gets to $5.50 range, it will triple the value of share value compared to November 25th.


AMD products are good, the company is starting to gain share and splitting the manufacturing part from design / sales part of AMD was a good idea, at least for investors.


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