Advanced Micro Devices, Inc. shares have been drifting mostly sideways since Goldman Sachs issued a Sell rating and $11 price target for the stock back on April 6. Prior to the Goldman Sell rating, AMD had been one of the hottest stocks in the market, and Goldman missed the entire move.From July 1, 2014, to April 5, 2017, AMD shares surged more than 235 percent. All the while, Goldman was on the sidelines. As expected, the Goldman sell rating initially sent AMD shares tumbling more than 7.0 percent. However, since the initial selloff, AMD hasn’t continued its bearish momentum. Instead, after drifting as low as $12.22, it has since rebounded back near the low end of the gap Goldman created when it initiated coverage.Read more