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Why Nvidia Stock Bounced Back Thursday

TheMotleyFool

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Why Nvidia Stock Bounced Back ThursdayPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

After sliding along with the rest of the stock market Wednesday, shares of seesawing semiconductor stock Nvidia (NASDAQ: NVDA) are bouncing back on Thursday morning, and up 3.8% as of 11:40 a.m. ET.

Curiously, it seems you can thank two investment banks -- both of which lowered their price targets on Nvidia today -- for the rebound.

Image source: Getty Images.

Source Fool.com

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