Stock market news: NVIDIA declines 2% in midday trading

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As of 12:43 PM on Friday, 24 January 2025 (GMT-5), NVIDIA (NVDA) is experiencing a decline of 2.14%, with its stock currently trading at $144.07. The stock opened at $148.36 and reached a day’s range between $143.85 and $148.97. Despite the downturn, NVIDIA remains within a strong market cap of $3.527 trillion.

  • Previous Close: $147.22
  • 52 Week Range: $60.57 – $153.13
  • Volume: 117.44 million shares traded (below average volume of 210.6 million)
  • Beta: 1.66 (suggesting higher volatility compared to the market)
  • PE Ratio (TTM): 56.92
  • EPS (TTM): 2.53
  • Earnings Date: February 26, 2025
  • Forward Dividend: 0.04 (yield of 0.03%)

The stock has a 1-year target estimate of $173.08, indicating potential upside if it can recover from the current decline. Investors will be paying close attention to NVIDIA’s performance, especially with upcoming earnings in late February.

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Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.