On this episode of Stock Movers:

- AMD (AMD) shares rallied on Wednesday, extending gains in the wake of a chip sale agreement with OpenAI to more than 40% over a three-day winning streak. AMD rose as much as 11% on Wednesday on volume nearly twice the daily average over the past three months; that followed a gain of nearly 4% on Tuesday and 24% on Monday, when the deal was announced

- Jeffries (JEF) shares fell as as asset manager controlled by a unit of the firm sank nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands. Point Bonita Capital’s portfolio has about $715 million invested in receivables due by First Brands’ customers including Walmart Inc. and AutoZone Inc., with the auto-parts supplier responsible for directing payments to Point Bonita, Jefferies said in a statement. Problems with the receivables emerged on Sept. 15 as the company stopped making these payments.

- Fair Isaac (FICO) saw its shares tumbled the most intraday since August 1 after Equifax said its VantageScore 4.0 service will offer mortgage credit scores at $4.50 through the end of 2027.

On this episode of Stock Movers: - AMD (AMD) shares rallied on Wednesday, extending gains in the wake of a chip sale&nbsp;agreement&nbsp;with OpenAI to more than 40% over a three-day winning streak.&nbsp;AMD rose as much as 11% on Wednesday on volume nearly twice the daily average over the past three months; that followed a gain of nearly 4% on Tuesday and 24% on Monday, when the deal was announced - Jeffries (JEF) shares fell as as asset manager controlled by a unit of the firm sank nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands. Point Bonita Capital&rsquo;s portfolio has about $715 million invested in receivables due by First Brands&rsquo; customers including&nbsp;Walmart Inc.&nbsp;and&nbsp;AutoZone Inc., with the auto-parts supplier responsible for directing payments to Point Bonita, Jefferies said in a statement. Problems with the receivables emerged on Sept. 15 as the company stopped making these payments. - Fair Isaac (FICO) saw its shares tumbled the most intraday since August 1 after&nbsp;Equifax&nbsp;said its VantageScore 4.0 service will offer mortgage credit scores at $4.50 through the end of 2027.

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Stock Movers

AMD Extends Three-Day Winning Streak, Jeffries Slides, FICO Falls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/97865c29-f7fc-443c-8ce8-b370017d7c12/transcript

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