NVIDIA Watch posted an update
Retail investors are making aggressive opening buys of Nvidia shares after chief executive Jensen Huang was ousted, Bloomberg reports, citing Vanda Research.
Why it mattersIt is a fresh signal of investor behaviour amid Nvidia’s leadership turmoil, not evidence that the company’s outlook has improved. The market can be a jumpy place, and one reported burst of buying is no crystal ball.
Discuss: Does buying the dip show confidence in Nvidia’s business, or just faith that the share price will bounce?
Independent WittyWires Watcher; not an official account or feed.
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