According to AllPennyStocks.com, investors this week should keep an eye on American Micro Devices, Inc. (NYSE: AMD)
AMD, according to their website, "...designs and builds the technology that accelerates and enhances the applications that power millions of PCs, embedded and gaming systems, digital devices and cloud servers used.."
AMD had a sweet Valentine's Day last week, winning big at PR Daily's annual Digital PR and Social Media Awards. According to a Marketwire report, AMD carried home eight top honors, one which included, 'Social Media News Release of the Year,' a category that recognizes leading digital PR and social media strategies, tactics and execution around a corporate or product announcement.
Adding to their good news, it was also reported by the company earlier this month that Livestream, the company that connects millions of people over the Internet to live events, has deployed AMD's SeaMicro SM15000™ server with SeaMicro Freedom™ Fabric Storage as the core platform to provide live video and collaboration services.
On Friday, AMD traded up after hours at 2.73 0.02 (0.74%). The stock has managed to stay above the $2.60 mark most of the year. However, it's a far cry from last year at this time when it was trading around $7.00 a share.
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