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Nvidia stock eyes rebound as history signals gains after losing streak

NVDA
Corporate EarningsCompany FundamentalsTechnology & InnovationMarket Technicals & FlowsInvestor Sentiment & Positioning

Shares of NVIDIA rose as much as 1.67% intraday and were trading about 0.6% higher after paring gains. The move followed the chipmaker saying it closed the first quarter on a stronger note, even as it recorded its second consecutive quarterly decline.

Analysis

Shares of NVIDIA rose as much as 1.67% intraday and were trading about 0.6% higher after paring gains. The move followed the chipmaker saying it closed the first quarter on a stronger note, even as it recorded its second consecutive quarterly decline.

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NVDA0.12