AMD Stock Nosedives to Biggest Loss in 12 Years

[bug]

sensationalizing a bit aren't we?

I wouldn't say sensationalizing. It's simply business as usual: stocks' values adjust after financial results are announced. Many times it's a smaller correction, some times a larger one. In any direction.
This would only look "sensational" to someone unfamiliar with the stock market.

What this news say, it AMD does not expect to cash in in a bog way in the near future. And that is a bit of a sad news for enthusiasts, because the near future is Ryzen, Naples and Vega. But hey, like some has already said, AMD is already in a better than a year ago, so there's that.

 

[medi01]

So, where did the 300 million go, after all? Any theories?

 

[rtwjunkie]

This would only look "sensational" to someone unfamiliar with the stock market.

^^^This.

 

[dozenfury]

Tbh the whole market is way overvalued right now. Check the Shiller PE numbers on the market, they are downright scary. Over 23 is due for correction and we're at 29.3. In fact it's only been this high twice; the 2000 dot.com crash, and the Black Tuesday 1929 historic crash (and it was only 30 then). Historically the market likes to be in the 15-20 PE range.

So until PE ratios come back down to sustainable numbers overall, we're going to see more and more stocks like AMD get slammed extra hard when they disappoint on numbers.

 

[bug]

Tbh the whole market is way overvalued right now. Check the Shiller PE numbers on the market, they are downright scary. Over 23 is due for correction and we're at 29.3. In fact it's only been this high twice; the 2000 dot.com crash, and the Black Tuesday 1929 historic crash (and it was only 30 then). Historically the market likes to be in the 15-20 PE range.

So until PE ratios come back down to sustainable numbers overall, we're going to see more and more stocks like AMD get slammed extra hard when they disappoint on numbers.

Maybe we should put a mechanism in place where companies will release their financials on a yearly basis, so we can match expectations to the real world from time to time?

 

[Easo]

Stock market being a stock market as usual. Kneejerk reactions to everything.

 

[phanbuey]

Stock market being a stock market as usual. Kneejerk reactions to everything.

yep... actually not a bad time to buy them, now that they are back down from the stratosphere.

 

[Fx]

some say the entire stock market is in one huge over inflated bubble and due for a big come down..

if this happens i suppose it will start with the weaker players.. AMD being one of them..

trog

Quite a few say this and as self-made millionaires. We are long over due for another plunge; this next one will be the largest.

 

[efikkan]

Well, this is more a normalization of overinflated stock than anything.

 

[natr0n]

The word Nosedive always reminds me of this ^

 

[Tsukiyomi91]

all hot air, like their colour.

 

[Fluffmeister]

Heh, after nVidia's "tumble", AMD always have to go one better!

And that was after posting record revenue, hey ho markets and all that.

 

[Xzibit]

Heh, after nVidia's "tumble", AMD always have to go one better!

And that was after posting record revenue, hey ho markets and all that.

Stock market adopted Async Compute or they are using Vulkan. Nvidias tumbling performance is not optimal. Probably have to wait on the Stock Tumble Ready Driver and then the Hot Fix to get good tumbling performance.

 

[thesmokingman]

This started before with Goldman downrating AMD just before the earnings call for no reason. They did the same thing to Tesla and their stock blew up afterwards. Not saying this will repeat with AMD, but Goldman they are usually upto smelly things. And is it me or is it just like with that driver with the shortcut thing, some kind of weird schadenfreude thing going with AMD.

 

[HTC]

I found this to be informative: