- NVIDIA rises 6.65% at the close of the American session.
- The stock is recovering after a sharp drop in recent sessions.
NVIDIA stock hit a daily low of $119.32 finding aggressive buyers that pushed the stock to a daily high of $126.5.
In an incredible show of recovery, NVIDIA stock reports a gain of 6.65%, trading at $125.95 at the time of writing. This recovery follows the fall of its shares for three consecutive sessions, which represented a decrease of more than $400 billion in its market value.
Investors continue to trust NVIDIA in the long term
NVIDIA reached an all-time high on June 19 at 140.71, momentarily achieving the title of most valuable company in the world. Today, investors give a vote of confidence to NVIDIA and boost its action in line with the projections of analysts who see the company at prices close to $200 at the end of the year
NVIDIA Weekly Chart
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
