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Prediction: Even After Soaring 180%, a Stock Split Isn't on the Horizon for AMD. Here's Why.
Over the past year, shares of Advanced Micro Devices (NASDAQ: AMD) have surged roughly 180%. Despite a 17% drawdown in the last two months, this outpaces the gains posted by its large rival Nvidia (NASDAQ: NVDA), whose stock advanced only 23% during the same period. This performance gap translates into an AMD share price above $480. But even so, I think a stock split remains unlikely in the near term.
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