NVIDIA Corporation (NVDA): A Detailed Analysis of Performance, News and Outlook

NVIDIA Corporation closed on November 22nd 2024, at $141.95 reflecting a 3.22% drop from the previous session. This was after posting a recent high of $152.89 at the beginning of the week. However, the company’s stock has still maintained a remarkable YTD return position as it has achieved 186.70% while the S&P 500 only 25.15%.  The stock is standing at a very high 1-year return of 184.30% and remains to be one of the most dependable

and high yielding stocks in the tech niche. Currently, NVIDIA had a trading volume of 236 million shares which was below its average trading volume of 271 million shares which was an indication of a sustained demand in the share.