Why AMD Stock Fell on Thursday
Advanced Micro Devices (NASDAQ:AMD) stock fell 8.1% on Thursday, Oct. 22, as oil prices jumped amid renewed conflict in the Middle East.
The S&P 500 and the Nasdaq Composite lost 1.2% and 2.6%, respectively.
Renewed attacks in Saudi Arabia from Houthi rebels raised fears of further disruptions to oil supplies.
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