Here's why Nvidia (NVDA) is trading like a meme stock

Nvidia’s (NASDAQ: NVDA) share price has exhibited extreme volatility in the last 48 hours, recording significant gains that have since been erased, a trend unfamiliar to the semiconductor giant.On the last day of July, the stock appeared primed to reclaim the $120 resistance zone, but the gains were erased the following day. By the close of markets on August 1, the tech giant was trading at $109.21, with 24-hour losses of almost 7%.Nividia one-day share price chart. Source: Google Finance In this line, betw ...