Stock Market Alert - AMD spiked on Monday, trading up over 6% to close the regular session at $15.68 after rumors swirled throughout the marketplace of a possible AMD buyout. These rumors are unsubstantiated, however the rumors were enough to push AMD much higher on heavy volume (65.7 million shares traded vs. a normal daily average of just over 24 million shares traded.) These rumors came as welcome news for AMD shareholders, who has seen their stock slide from over $40 to a current price of $15.68. AMD had a market cap of $8.6 billion dollars as of Monday’s close.
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