Nvidia’s Post-Earnings Jitters: Can NVDA Stock Regain Its AI-Fueled Momentum?
Despite the stellar numbers in its latest earnings report, Nvidia Corp (NASDAQ:NVDA) stock slipped 3% in after-hours trading on Wednesday.
In premarket Thursday, Nvidia shares swung between gains and losses, ultimately opening 5% higher before losing steam.
By mid-morning, Nvidia shares were down 1.23%, trading at $144.10—a move many attribute to the priced-for-perfection environment surrounding the AI giant. It seems the market’s insatiable appetite for upside surprises left even Nvidia’s blockbuster results struggling to impress.
See Also: Nvidia Analysts See Stock ‘Best Positioned In AI,’ Not Worried About Guidance: ‘All Systems Go For Blackwell Ramp’
Nvidia Stock’s Underlying Resilience
The Santa Clara, California-based company reported an 8% beat on earnings per share and a nearly …
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