Business
Nvidia Stock Gains Ahead of Earnings Report
Nvidia stock was edging up early Wednesday ahead of the chip maker’s quarterly earnings report after the market close.
Nvidia shares were up 0.3% at $213.58 in premarket trading. The stock rose 2.2% on Tuesday, snapping a seven-day losing streak.
“As much as expectations are high, the actual setup into earnings has created a manageable bar for a positive price reaction on decent enough numbers,” wrote Jefferies equity sales specialist William Beavington in a research note.
You must be logged in to post a comment Login