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Is This the Reason Nvidia Lost 5% Today?

TheMotleyFool

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Is This the Reason Nvidia Lost 5% Today?Photo, wide shot, wide-angle lens, Telecom equipment supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/ad10ed87-71d0-4096-a50b-ba9470f8264b.png

Nvidia (NASDAQ: NVDA) delivered another dazzling earnings report, but something surprising happened after the market opened today.

The stock gained as much as 3% after hours on Wednesday, but then gave up those gains later in the after-hours session and turned negative once the market opened on Thursday. Shares closed down 5.5%, even as the AI chip superstar beat estimates on the top and bottom lines and offered strong guidance.

Image source: Nvidia.

Source Fool.com

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