NVIDIA Stock Rebounds Strongly, Surpasses $800 After Friday's Plunge

NVIDIA Corporation's stock experienced significant fluctuations over the weekend and into Monday. On Friday, NVIDIA shares dropped by 10%, with the stock closing 25% lower than its opening price. Despite this sharp decline, the broader stock market, represented by the S&P 500, saw 68% of its stocks rise, averaging a gain of 1.2%. However, NVIDIA's stock rebounded in premarket trading on Monday, with an initial increase of 1.9%, followed by a further rise, closing 4.3% higher. The stock price notably surpassed $800 per share, suggesting a strong recovery.