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Jiro90
08-01

Great article, would you like to share it?

$NVIDIA Corp(NVDA)$ This is absolutely insane: Nvidia, $NVDA, the third largest company in the world is trading like a penny stock. Since its after hours low seen just 18 hours ago, Nvidia has added $380 BILLION of market cap. In other words, Nvidia has added as much market cap as the entire value of Costco, $COST, in 18 hours. This comes after the stock erased $1 TRILLION of market cap over the last 5 weeks. Big tech stocks are throwing around trillions of Dollars of market cap in a matter of hours. Truly insane. That's a $1.4 trillion+ swing in Nvidia's market cap in just over a month. That's also more than the value of most countries' entire stock market. Volatility is officially back and on the rise.

$NVIDIA Corp(NVDA)$ This is absolutely insane: Nvidia, $NVDA, the third largest company in the world is trading like a penny stock. Since its after hours low seen just 18 hours ago, Nvidia has added $380 BILLION of market cap. In other words, Nvidia has added as much market cap as the entire value of Costco, $COST, in 18 hours. This comes after the stock erased $1 TRILLION of market cap over the last 5 weeks. Big tech stocks are throwing around trillions of Dollars of market cap in a matter of hours. Truly insane. That's a $1.4 trillion+ swing in Nvidia's market cap in just over a month. That's also more than the value of most countries' entire stock market. Volatility is officially back and on the rise.

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