Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] swings enthusiastically in regular trading session, it raise of 0.29% to close at $6.97. AMD prepared Zen for CES 2017 launch; aggressively clearing inventory for platform transition. Following the releases of its Bristol Ridge-based desktop processors in September 2016, AMD’s Zen-based CPUs and its corresponding high-end X370 chipsets will make their arcontenders at CES 2017 in January. To achieve a smooth transition, AMD has begun adjusting product prices in order to accelerate inventory digestion.
However, since Zen-based products are unlikely to start mass shipments until following February, they are unlikely to start contributing profits until the q2 2017, according to sources from the upstream supply chain. Sources from motherboard players also noted that AMD’s performance has started to improve since early 2016. In addition to stable income from its semi-custom solutions, CEO Lisa Su has also been pushing for more profits in China by licensing its patents, selling its testing and packaging plants, and forming joint ventures. Moving forward to saw long-term intention, the experts calculate Return on Investment of -27.10%. The stock is going forward its fifty-two week low with 298.29% and lagging behind from its 52-week high price with -12.88%. AMD last month stock price volatility remained 4.28%.
Wayside Technology Group, Inc. (NASDAQ:WSTG) [Trend Analysis] knocking active thrust in leading trading session, shares an advance of 0.06% to 17.85 with about 17891 shares have changed hands in this session. Wayside Technology Group Inc. (NASDAQ:WSTG) reported recently that Michael Vesey, 54, will join as Vice President and Chief Financial Officer.
“I am happy to welcome Mike Vesey as our new CFO,” stated Simon Nynens, CEO and Chairman of Wayside Technology Group. “Mike brings impressive executive experience in financial leadership positions with technology companies. His background will enable him to play a key role in driving our growth strategy while building strong and durable relationships with the investor community.” The stock is going forward its fifty-two week low with 15.38% and lagging behind from its 52-week high price with -9.11%.
Same, the positive performance for the quarter recorded as -2.46% and for the year was 0.73%, while the YTD performance remained at -2.67%. WSTG has Average True Range for 14 days of 0.51.