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Nvidia market cap on last trading day of 2024?
3
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Market capitalization data available on financial news websites like Bloomberg or Yahoo Finance
Story
Nvidia Stock Rallies 5% to 3-Week High as CEO Jensen Huang Sells $713 Million in Shares
Sep 24, 2024, 03:56 PM
Nvidia CEO Jensen Huang has sold $713 million worth of Nvidia stock, according to reports from Barron's. Following the announcement that Huang is done selling for now, Nvidia's stock experienced a significant rally, increasing by 5% within 50 minutes. The market added $122 billion to Nvidia's market capitalization in an hour, and the stock is now trading at a three-week high, above $120. This surge in stock price follows a period of heavy call option buying, with significant interest in October 4th $116 calls. Notably, this comes after one of the lightest volume days for Nvidia stock in a while.
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