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.

businessBusiness & Real Estate

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