Nvidia shares hit four-month record high on Friday, reaching $236.59 intraday
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Nvidia's stock price reached a new all-time high on Friday, the first in four months, rising 2.5% intraday to a peak of $236.59, surpassing the previous record of $236.54 set on May 14. The stock has gained approximately 25% since its late July low. Year-to-date, Nvidia shares are up nearly 30%, outperforming the Nasdaq 100's 22% gain but trailing the Philadelphia Semiconductor Index's 86% surge. This rally brought Nvidia's market capitalization to $5.7 trillion, approaching the $6 trillion mark.
Source report
Nvidia's stock reached a historic high on Friday for the first time in four months, climbing as much as 2.5% during the trading session to an intraday peak of $236.59. This surpassed the previous intraday record of $236.54 set on May 14.
Since hitting a low point in late July, Nvidia's share price has risen approximately 25%. Year-to-date, the stock has gained nearly 30%, outperforming the Nasdaq 100 Index's 22% increase, though trailing the Philadelphia Semiconductor Index's 86% surge.
The latest rally pushed Nvidia's market capitalization to $5.7 trillion, bringing it within striking distance of the $6 trillion mark.
Source
domesticNeutral / independent