These 5 Stocks Are Crashing Today

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In this article, we take a look at five stocks that are crashing today. If you want to take a look at some more stocks that are declining and the latest market situation, go to These 10 Stocks Are Crashing Today.

5. Advanced Micro Devices, Inc. (NASDAQ:AMD) is 2% in the red as of 11:34 AM ET after the Santa Clara, California-based developer of computer processors received a downgrade from a Buy to a Hold rating by Hans Engel at Erste Group. In a note issued to investors earlier today, the analyst highlighted that despite the strong product pipeline, there is an expected slowdown in global growth that will negatively impact the earnings of Advanced Micro Devices, Inc. (NASDAQ:AMD).  Furthermore, Engel expects Advanced Micro Devices, Inc. (NASDAQ:AMD) to face stronger competition from Intel Corporation (NASDAQ:INTC) through its move in server CPUs.

At the end of Q4 2021, Advanced Micro Devices, Inc. (NASDAQ:AMD) was held by 69 hedge funds.

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