Mid Cap Losers: Advanced Micro Devices (AMD), Penn West Petroleum (PWE), Allegheny Technologies (ATI)


Advanced Micro Devices, Inc. (NYSE:AMD) shares went down -11.01% as Advanced Micro Devices, Inc. (NYSE:AMD) reported Q4 EPS of $0.06 (in-line), revs rose 37.1% year over year to $1.59 billion versus $1.54 billion estimate; gross margin was 35%. Advanced Micro Devices, Inc. (NYSE:AMD) sees first quarter revenues of $1.287-1.382 billion versus $1.36 billion estimate. Advanced Micro Devices, Inc. (NYSE:AMD)’s stock on Jan 22, 2014 report a decrease of -11.99% and closed at $3.67. Its fifty two weeks range was $2.26 – $4.65. The total market capitalization recorded $2.66 billion. The overall volume in the last trading session was 86.60 million shares. In its share capital, company has 723.69 million outstanding shares.

Penn West Petroleum Ltd (USA) (NYSE:PWE) shares in last session traded down -9.23% as Penn West Petroleum Ltd (USA) (NYSE:PWE) provided fourth quarter and 2013 operational update: production is in-line with guidance and expected to be ~124k and 135.1k boe per day, respectively. Penn West Petroleum Ltd (USA) (NYSE:PWE)’s stock in last trading day held average volume of 2.04 million shares. Penn West Petroleum Ltd (USA) (NYSE:PWE) shares after opening at $8.08 attained maximum price of $8.11 and then ended up on $7.40.

Allegheny Technologies Incorporated (NYSE:ATI) shares went down -5.88% following Allegheny Technologies Incorporated (NYSE:ATI) beat quarterly EPS by $0.13 (-$0.08 ex items versus -$0.21 estimate). Allegheny Technologies Incorporated (NYSE:ATI) revenues fell 10.4% year over year to $915.3 million versus $969.76 million estimate; sees FY14 capital expenditures to be ~$300 million. Allegheny Technologies Incorporated (NYSE:ATI) stock hit highest price at $34.91, beginning with a price of $34.37 and decreased -6.35% to the close at $32.01 with day range of $31.71 – $34.91. The total market capitalization of the stock is $3.46 billion; total average volume held in the session was 972,007.00 million shares.