Nvidia Stock Fell

Nvidia reported first quarter earnings after the bell on wednesday.

Nvidia stock fell. Nvidia stock price fell by 3 4 despite company s consistent growth despite the financial results which turned out to be better than analysts expectations the company s shares fell in price both during the main session on wednesday and during the aftermarket. The dow jones industrial average fell by 346 points or 1 5. The volume of nvidia shares traded since the start of the session was 6 12m. Nvidia nasdaq nvda is the market leader in graphic processor units gpus and the company has seen its stock price decline by around 35 since fiscal q2 2019.

However the stock price could. The volume of nvidia shares traded since. The stock fell over 1 in after hours trading after losing a little more than 2 on the day. Competitor advanced micro devices also fell almost 3.

Nvidia nasdaq nvda stock fell over 1 in today s trading session at 9 50 am et. Nvidia s stock has risen more than 2x this year and currently trades at 63x projected 2021 earnings nvidia s fiscal year ends in january with 2021 earnings per share expected to come in at. Nvidia s nasdaq nvda shares plummeted after it announced earnings results on nov. 15 as it issued revenue guidance for the current quarter of 2 7 billion at the midpoint falling massively.

Chipmaker nvidia fell 18 8 percent friday after missing analyst expectations on revenue and guidance in its third quarter 2019 earnings report.