Advanced Micro Devices falls with markets

Advanced Micro Devices Inc. (AMD) had fallen more than 4.2 percent by Tuesday afternoon after the close of the markets, the biggest move seen among local stocks tracked by the Examiner. Mountain View-based Verisign Inc. (VRSN) had also fallen more than 4 percent.

Maxim Integrated Products Inc. (MXIM), saw the biggest gain of the day, rising more than 2.7 percent, while Symantec Corp. (SYMC) rose more than 1.8 percent.

The markets fell overall, with the Dow Jones dropping more than 0.4 percent, the Nasdaq more than 0.6 percent and the S&P 500 more than 0.6 percent.

Local companies in the news included Maxim, which had charges filed against it and a former chief executive and chief financial officer by the Securities and Exchange Commission on Tuesday, alleging the firm had improperly backdated stock options grants to employees and directors.

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Mohammed Nuru, head of SF Public Works, arrested by FBI

The head of San Francisco Public Works Mohammed Nuru has been arrested… Continue reading

Preston, advocates pressure major landlord to sell buildings to city or nonprofits

San Francisco’s largest owner of rent-controlled properties is unwilling to entertain demands… Continue reading

SF police union calls for federal prosecution of man shot by police

San Francisco’s police union urged federal authorities to intervene Monday after newly… Continue reading

NBA postpones Lakers-Clippers game that was set for Tuesday

The NBA has postponed the Lakers-Clippers game that was scheduled for Tuesday.… Continue reading

Most Read