Advanced Micro Devices closed at $3.99 earlier today, up 52%. The highest it has gained on a given day since the stock’s original listing in 1979. This is on the tail of the company’s Q1 2016quarterly report which beat expectations both in terms of results and Q2 outlook. AMD was thebiggest gainer and most active stock on the NASDAQ exchange. Volume of stocks traded topped 140 million, more than ten times the 50 day average of 12 million.
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