markets
AMD +2.72% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
AMD surges +2.72% pre-market while space names ASTS and RKLB sell off hard.
AMD is trading $535.70 against a prior close of $521.54, bucking broad pre-market weakness with SPY down 0.19% to $758.09. ASTS is off 3.59% to $113.93 and RKLB down 3.36% to $119.18 — sector rotation out of speculative space plays appears to be feeding the move. PL is also sliding 1.08% to $47.57, confirming the space weakness is broad.
Watch: AMD $521.54 (prior close) as key support if the pre-market bid fades into the open. On ASTS and RKLB, watch whether selling accelerates through $113 and $119 respectively once regular session volume arrives at 9:30 AM.