Nvidia Stock Rises for Ninth Straight Session
Nvidia, as it is widely known as the year’s hottest stock is regaining its momentum.
Chipmaker Nvidia was up more than 1% in afternoon trading. That puts the stock on pace for a ninth consecutive session of gains.
Shares are up nearly 20% over that period and have more than tripled so far this year, making them the top performer in the S&P 500.
Nvidia Shares Fluctuation
@nvidia Stock Rises for Ninth Straight Session
The year’s hottest stock is regaining its momentum.#nvda #Nvidia #ai #chips pic.twitter.com/chmpLRqyNm— The_Journalbiz (@the_journalbiz) November 14, 2023
Factset Chart
Nvidia was recently changing hands at about $490 per share, not far from the all-time closing high of $493.55 set Aug. 31.
The chipmaker’s next big test is coming next week when it is scheduled to unveil fiscal third-quarter results.
