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NVIDIA Stock Bearish By 3% On Wednesday

ViaNews Editorial Team

December 9, 2020

NVIDIA Stock Bearish By 3% On Wednesday

Shares of NVIDIA slid 3.14% to $517.23 at 16:14 EST on Wednesday, following yesterday's downward trend. The Nasdaq Stock Market is dropping 2.21% to $12,304.50, after four consecutive sessions in a row of gains, on what as yet seems, an all-around negative trend exchanging session today.

NVIDIA's last close was $534.00, 13.89% below its 52-week high of $589.07.

NVIDIA's Sales

NVIDIA's sales growth is 55% for the ongoing quarter and 49.8% for the next. The company's growth estimates for the current quarter and the next is 48.1% and 40%, respectively.

NVIDIA's Revenue

Year-on-year quarterly revenue growth grew by 56.8%, now sitting on 14.78B for the twelve trailing months.

NVIDIA's Stock Top and Bottom Yearly Value

NVIDIA's stock is valued at $517.23 at 16:14 EST, way below its 52-week high of $589.07 and way above its 52-week low of $180.68.

NVIDIA's Moving Average

NVIDIA's value is below its 50-day moving average of $534.02 and above its 200-day moving average of $471.47.

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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