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is down over 25% after-hours now within the first five hours of the market closing and the closed at look at this chart look at this chart right here guys so as you guys can see it had a high or pretty much a high of 23:57 here and it hits 1705 now that is a nasty drop for a company that is beating the S&P 500 beating all these other industries up over one hundred and twenty six percent up on the year I believe just killing everybody investing everybody buying why did it fall your questions will be answered stay tuned alright so pretty much what AMD is is they make computer chips like this here right here not not too complicated they're very internet blockchain that you know tech industry they make graphic chips they make you know all types of good good stuff so why did it fall pretty much in short terms they didn't do you know they didn't do good on their sales they didn't sell enough product which is key to running a successful business you know why would you invest your money if you knew a stock was gonna fall but so this you know pretty much is the website here so you know chipmaker reports computing graphic or graphics sales at around nine hundred and thirty eight million while street was expected over a billion dollars and that is isn't close you know that is still seventy sixty two you know to get to a billion that's sixty two million dollars that missed out on and everybody all those shareholders sold they don't want to be part of this company and they are worried about the future so what is the future of AMD well you know they they still are gonna be around but this could be a downturn for AMD they might begin to take a little bit of a setback especially you know having the Dow and the S&P closed very very low we're getting into a little bit of reversal territory now buy all these stocks you know starting to fall which isn't very good at all so you know they missed out on sales is it a big deal no but you know if you look down here it says you know hedge fund executives you know and other brokers say you know it's had an expected revenue of over 1.75 billion and now they missed out on close to a billion dollars in sales so if you were a hedge fund manager or a investor or a trader why would you want to buy this company that is literally doing things wrong and aren't doing what they should be doing I know it's easy for me to say but if you're an investor why would you want to invest your money in something that is isn't doing what you know the professionals are telling us you know those guys on Wall Street they don't know everything but they are some very very smart people and they know the value of companies they know how much a successful company and you know everything like that should have for their sales so you know what do I where do I see this company in the future I think they'll be around but maybe they're taking a little bit of a setback all right so that's it I'm done ambi down over 25% hope you guys enjoyed this video please share like subscribe comment if you are new and take care everybody
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