Advanced Micro Devices AMD: , according to Market Watch and Tomi Kilgore Reporter NEW MarketWatch -- Investors appear to be well prepared for the worst from Advanced Micro Devices AMD, 1.15% perhaps too much so, when the chip maker reports results after the close. The stock has lost about a third of its value over the last month, and has lost ground in 17 of the previous 24 trading sessions. History suggests they may have reason to worry, as the stock has dropped, usually sharply, the day after the last six quarterly reports; the average post-results selloff has been 9.8%. Some analysts said the fact that the company named a new CEO last week, just before earnings results, bodes badly for those results, but analysts at Deutsche Bank disagree: "We believe the lack of a negative preannouncement in conjunction with the CEO change last week suggests that third-quarter results are likely in line."
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