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NVIDIA Stock Was Down By Over 1% On Tuesday

ViaNews Editorial Team

November 25, 2020

NVIDIA Stock Was Down By Over 1%  On Tuesday
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The Nasdaq Stock Market ended the session with NVIDIA falling 1.39% to $518.31 on Tuesday while the Nasdaq Stock Market rose 1.31% to $12,036.80. NVIDIA's last close was $525.60, under its 52-week high of $589.07. 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. Year-on-year quarterly revenue growth grew by 56.8%, now sitting on 14.78B for the twelve trailing months. NVIDIA's stock is valued at $518.31 at 19:51 EST, way under its 52-week high of $589.07 and way above its 52-week low of $180.68. NVIDIA's value is under its 50-day moving average of $540.40 and way higher than its 200-day moving average of $456.17.
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.