Published in PC Hardware
AMDs stock drops below $10
by Fuad Abazovic on02 December 2007
Nvidia loses 4.55 %
AMDs stock dropped to its lowest price point for this year, and sunk all the way to $9.76 per share. In January this year, AMDs shares were selling for about $23 per share and this definitely means that the company has lost a lot of its value.
AMD is not the only one affected, as Intel also dropped to $26.08, as it lost 0.98 percent of its value or .26 cents, and Nvidia lost 4.55 percent, dropping $1.58 to end at $31.54 per share; and even Google and Apple's stock prices declined.
The U.S. economy is not doing very well, and this affects the tech companies big time. Still, the computer market stocks are showing signs of recovery and we expect that the numbers will go up over the next few days.