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NVIDIA Corp closed at 138.85 USD as of 7:59 PM GMT-5 on February 14, marking a significant gain of +8.78 USD or 6.75% over the past five days. This sharp increase underscores investor confidence in the company, likely driven by multiple reasons. The chipmaker company on Friday also announced a 44% cut in stake in Arm Holdings.
The stock traded within a high of 139.25 USD and a low of 135.50 USD during the session. NVIDIA opened at 136.48 USD, demonstrating upward momentum from the start of trading and continuing the positive momentum by the end of the session.
In after-hours trading, the stock edged down slightly to 138.48 USD, representing a minor decline of 0.27% or -0.37 USD, a typical occurrence as investors reassess positions. NVIDIA’s market capitalization stood at 3.40 lakh crore, highlighting it as a dominant player in the technology and semiconductor industries.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.