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AMD: Don't Buy Into This Short Squeeze!

Michael Wiggins De Oliveira

Bullish investors push the argument that the only thing that matters is gaining market share, while bearish investors point to its high valuation. Whichever side of the argument one falls on, most of us were surprised by the share price movement in the time following earnings. This caused its share price to materially weaken, selling off roughly 14% on the day.