AMD Jumps 5% on Reuter’s Report Hired JP Morgan to Explore Options
Posted on November 13, 2012 at 16:14 PM EST
Shares of chip maker Advanced Micro Devices (AMD) surged late in the session and closed up 10 cents, or 5%, at $2.09 after an article by Reuters‘s Nadia Damouni and Noel Randewich saying the company has hired JP Morgan to “explore options,” citing three unnamed sources. Options include sales of AMD’s patent holdings, though an [...]