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Why Nvidia Stock Bounced Back Thursday

TheMotleyFool

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Why Nvidia Stock Bounced Back Thursday: https://g.foolcdn.com/editorial/images/680844/engineer-inspects-a-circuit-board-in-a-semiconductor-factory.jpg

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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