AMD stock gains after Morgan Stanley ends bearish call
Shares of Advanced Micro Devices Inc. are up 1.3% in premarket trading Thursday after Morgan Stanley's Joseph Moore upgraded the stock to equal-weight from underweight. "While our earnings concerns over the last 12 months have played out and 2H numbers still look high, the table is set well for 2020 and there are positive near-term catalysts," he wrote. "We still think there is too much short-term optimism, but we struggle with catalysts to remain underweight," especially heading into the E3 gaming conference. Читать дальше...