AMD‘s stock on track for highest close since October 2006

Advanced Micro Devices Inc. shares on Friday were on track to close at their highest price since October 2006 and looking at their best performing week in more than a year. AMD shares rose 5.9% to $23.60 at last check on heavy volume Friday for a sixth straight day of gains. Closing at that level, it would be the highest finish for AMD shares since Oct. 18, 2006, when shares closed at $24.23. On Thursday, . For the week, shares are up 19%, on track for their best week since the week ended June 23, 2017, when shares finished up nearly 24% after . AMD shares are up 128% for the year, compared with a 9.6% gain on the PHLX Semiconductor Index a 7.5% gain on the S&P 500 index and a 15.1% rise in the Nasdaq Composite Index

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails.