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AMD/NV Bleed Green; New 52W lows |
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Written by Matthew Cameron
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Wednesday, 02 July 2008 17:01 |
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The Green Goblins of the tech sector are bleeding green, this morning. NV, loosing almost 1/3 on the stock market has pulled AMD down as well. In a case of "If I can't beat you, I will take you down with me.." shown by NVIDIA, AMD is down 7%, to about five dollars. NVIDIA is in the mid to high twelve dollar range. Previously, the one-year low for AMD was $5.31 and about $17 for NV. Yesterday, NV's market cap was $10B, today, that number is a humbling $7B.
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