Traders Brace For Major Swing In Nvidia Stock Ahead Of Earnings Report: \ from rsb traders ltd Watch Video
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⏲ Duration: 1:2 👁 View: 2.7M times ✓ Published: 21-May-2024
Description: Traders are bracing for a significant shift in Nvidia shares following the company’s earnings report on Wednesday, Reuters reported on Tuesday. Options markets in the U.S. indicate an expected 8.7% swing in Nvidia’s stock by Friday, as per data from Trade Alert. This move could equate to a market cap fluctuation of $200 billion, surpassing the market cap of about 90% of S&P 500 companies.