Nvidia’s stock closes marginally higher, but just short of a record
Posted on AllSides August 24th, 2023
From The Center
Nvidia Corp. NVDA, shares failed to close at a record high Thursday after the AI-chip maker’s stellar earnings report initially boosted shares past $500 for the first time. Shares rose 0.1% to close at $471.74, after breaking past the $500 intraday barrier for the first time, but falling short of the record closing high of $474.94 set on July 18, according to FactSet data. The earnings report took chipmakers on a ride Thursday, falling from an initial show of strength following the report. Nvidia shares are up more than 222%...