Reported 8 months ago
On June 25, 2024, NVIDIA's stock price surged 6.8% at the NYSE after dropping almost 6.7% on Monday. This rise brought the market value back to the $3 trillion club, with the stock closing at $126.09 per share. Over the past 5 trading days, NVIDIA's stock fell by 7%, rose by 1050.11% in June, 2446.14% since the beginning of the year, and 3003.22% over the past 52 weeks. With NVIDIA's performance driving chip stocks, the Nasdaq index climbed over 1.2% on Tuesday. Prominent investor Steve Eisman believes the $430 billion market cap decline is not a major concern, stating that NVIDIA's growth and stock price are not worrisome. Saira Malik from Nuveen also expressed optimism in NVIDIA, citing the company's benefit from the flourishing demand in artificial intelligence.
Source: YAHOO