Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
MIG Capital, Llc, managed by Richard Merage, recently executed a significant transaction involving Nvidia Corporation ((NVDA)). The hedge fund reduced its position by 2,566 shares.
Recent Updates on Nvidia Corporation stock
Recent developments regarding Nvidia Corporation’s stock have been notably influenced by concerns over China’s DeepSeek possibly bypassing U.S. export controls to obtain Nvidia’s semiconductors, prompting U.S. investigations into potential third-party purchases in Singapore. Despite these geopolitical challenges, Morgan Stanley maintains an Overweight rating on Nvidia, perceiving the recent selloff as a buying opportunity, with a price target set at $152. Nvidia’s stock has experienced significant price fluctuations, with shares trading between $120.07 and $124.65, and has been a lucrative avenue for options trading. The stock’s year-to-date performance currently stands at -3.98%, with a market capitalization of approximately $3271.1 billion.
More about Nvidia Corporation
YTD Price Performance: -2.18%
Average Trading Volume: 245,191,160
Current Market Cap: $3313.3B
