Option traders moderately bearish in Advanced Micro Devices with shares down 1.59%
Option traders moderately bearish in Advanced Micro Devices (AMD), with shares down $1.76 near $108.95.Options volume roughly in line with average with 156k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.59. Implied volatility (IV30) is higher by 0.9 points near 45.37,and below the 52wk median, suggesting an expected daily move of $3.11. Put-call skew steepened, indicating increased demand for downside protection.
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today's best-performing stocks on TipRanks >>
Read More on AMD:
Disclaimer & DisclosureReport an Issue
AMD Will Be as 'Aggressive as Possible' to Challenge Nvidia
Sanmina price target raised to $95 from $87 at BofA
Intel Stock (NASDAQ:INTC) Slips as AMD Steps Up at Computex
Wall Street Backs Dell's AI Strategy with Buy Ratings
AMD's Growth Potential and Strategic Positioning Drive Buy Rating Amid AI Market Opportunities
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
24 minutes ago
- Yahoo
Steel Stocks Soar After Trump's Bombshell Tariff Announcement
President Trump said tariffs on imported steel would go to 50% from 25%. That has investors excited early Monday.
Yahoo
24 minutes ago
- Yahoo
Concentrix Rises to #426 on the 2025 Fortune 500® List
NEWARK, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced its placement on the prestigious Fortune 500® list for the second year in a row. Ranking #426 based on 2024 revenue, the company advanced from #499 last year, marking its sustained growth as the go-to intelligent transformation partner for the world's leading brands. 'Being named to the Fortune 500® is a proud moment for our entire organization, reflecting the trust our clients place in us and the dedication of our incredible game-changers,' said Chris Caldwell, President and CEO at Concentrix. 'Our ability to deliver leading technology, deep expertise and end-to-end capabilities has advanced us in our ranking and helps position our clients as leaders in their markets today and well into the future.' This ranking follows a year of remarkable recognition for Concentrix. The company earned multiple awards for its technology innovation and AI-powered solutions from Brandon Hall, Globee®, and Golden Bridge, and also received recognition for its outstanding company culture, as the #1 company on the Inspiring Workplaces Global Top 100 list. The company's 2025 position on the Fortune 500® aligns with its robust financial performance and strategic leadership as a global integrated business solutions partner for more than 2,000 clients in over 70 countries. For more information on Concentrix, please visit About us: Powering a World That Works Concentrix Corporation (NASDAQ: CNXC), a Fortune 500® company, is the global technology and services leader that powers the world's best brands, today and into the future. We're solution-focused, tech-powered, intelligence-fueled. Every day, we design, build, and run fully integrated, end-to-end solutions at speed and scale across the entire enterprise, helping over 2,000 clients solve their toughest business challenges. With unique data and insights, deep industry expertise, and advanced technology solutions, we're the intelligent transformation partner that powers a world that works, helping companies become refreshingly simple to work, interact, and transact with. Delivering outcomes unimagined across every major vertical in 70+ markets. Virtually everywhere. Visit to learn more. Media Contact:Marketing & CommunicationsConcentrix Corporationmedia@ Fortune. ©2025 Fortune Media (USA) Corporation. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media (USA) Corporation and are used under license. Fortune and Fortune Media (USA) Corporation are not affiliated with, and do not endorse products or services of, Concentrix. Copyright © 2025 Concentrix Corporation and its subsidiaries. All rights reserved. Concentrix, the Concentrix logo, and all other Concentrix company, product, and services word and design marks and slogans are trademarks or registered trademarks of Concentrix Corporation and its subsidiaries. Other names and marks are the property of their respective owners. All rights reserved.
Wall Street Journal
27 minutes ago
- Wall Street Journal
Stocks to Watch Monday: Cleveland-Cliffs, Stellantis, Moderna
↗️ Cleveland-Cliffs (CLF), Steel Dynamics (STLD), Nucor (NUE): Shares of U.S. steelmakers jumped premarket after President Trump, speaking at a rally in Pittsburgh on Friday, said he would double tariffs on and steel and aluminum to 50%. ️↘️ Stellantis (STLA): Higher tariffs on imported metal could raise input prices for carmakers with U.S. factories. Stellantis, whose brands include Chrysler, Jeep and Ram, fell premarket. ↗️ Moderna (MRNA): The drugmaker said the FDA had approved a new Covid-19 vaccine for use by people aged 65 or above.
