Nvidia's Stock Was Down Despite Its Amazing Earnings. Here's What History Says Is Coming Next
Nvidia(NVDA) The Motley Fool·2024-11-21 22:06
It's no secret that Nvidia (NVDA 0.54%) is one of the hottest artificial intelligence (AI) stocks in the market. The chip-making juggernaut just reported an incredible Q3, beating Wall Street's sky-high expectations. So why was the stock trading lower on Thursday when the market opened?Although it might seem to defy logic, it's not an uncommon phenomenon. Let's take a look at why it happens and see if the past might shed some light on what happens next. First, let's take a look at Nvidia's quarter.Even for ...