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SSR: Short sale restriction rule. It is activated when a stock loses 10% or more on the day. The rule lifts once the stock has traded a full trading day without losing more than 10%. So if the SSR was on Monday, Tuesday the stock didn't lose more than 10%, Wednesday the rule will be lifted. When a stock is in SSR, a short seller can only short on an uptick. That means the short order must be made on the sell side of the lvl2 and one would have to wait for their order to fill instead of having instant execution. The rule was introduced by the SEC to protect companies from being destroyed by sellers just smashing the bid. It's suppose to help the market from crashing. Because if a company gets smashed short hard enough, eventually no one will be a buyer at all. The rule is supposed to create a balance in the market ecosystem.
AMD earnings conference call: CEO says they expect the Q4 to generate less revenue.
Thanks dude !