Nvidia stock suffered a $300 billion swing Thursday morning. That early rise set a new record intraday share price of $152.89, equating to a market capitalization of $3.76 trillion for Nvidia. But the stock soon turned negative, moving with the initial negative stock reaction to the quarterly results in limited Wednesday evening trading. That’s roughly how much market value Nvidia lost in the hour its share price fell from nearly $153 to below $141. What To Watch ForIf Nvidia can become the first company to score a $4 trillion market capitalization after trading within 6% of the milestone.

Source: Forbes November 22, 2024 04:20 UTC