
Nvidia Corporation ($NVDA) experienced significant fluctuations in its stock price during pre-market trading on November 21, 2024. Initially, shares were down by 2% due to supply challenges impacting deliveries, despite strong demand for its products. However, the stock reversed course, gaining 3.3% at one point as investors reacted positively to the earnings report, which did not reveal any major setbacks. Throughout the trading session, Nvidia's stock demonstrated resilience, erasing earlier losses and ultimately closing the day in positive territory, distinguishing it as the only member of the 'Magnificent 7' tech stocks to do so. The broader market also showed gains, with Nvidia's performance contributing to the overall upward trend. Analysts noted that despite supply constraints, demand for Nvidia's chips remains robust, and upgrades from various analysts are anticipated.







Tesla $TSLA led a mixed day for the Magnificent 7 🟢🟢🟢🔴🔴🔴🔴 https://t.co/GQIj3F72dI
Nvidia $NVDA was the only Magnificent 7 name that closed the day GREEN 🟢🔴🔴🔴🔴🔴🔴 https://t.co/JIuapAD2qq
NVIDIA news has been digested. Now what? -Upgrades coming from every direction -Supply constraints--So what? Demand Surges -Heating issues. Not a big problem or any problem Can NVIDIA keep this momentum? What about the broader ecosystem? -Cloud providers will continue to… https://t.co/kntEq3VwAP