By Aaron Lucchetti and Ken Jimenez
Nvidia earnings hit after the close. Investors are buckling up for a busy stretch.
Looking at the chip maker's results since 2014, the trading session after the release has typically proven lucrative, but with a lot of volatility. Here's a look at the recent history, courtesy of Dow Jones Market Data:
-- Nvidia stock has risen 3.75% on average on the day after earnings.
-- The stock rose on 27 of the 43 sessions.
-- The biggest gain came in November 2016, of 30%. The biggest loss, of 19%, was in November 2018.
Unsurprisingly, the trading session ahead of earnings is usually calmer. Nvidia stock has fallen 0.3% on average, declining slightly more than half the time. The biggest swings have been about gains or losses of about 5%.
Look deeper into options trading ahead of Nvidia's earnings:
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(END) Dow Jones Newswires
November 20, 2024 05:00 ET (10:00 GMT)
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