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onenote

(44,915 posts)
9. "Dying tulip"? Predictions of NVDA's demise seem a bit premature.
Wed Jan 29, 2025, 09:11 AM
Yesterday

Yes, it lost 25 points on Monday. It regained 11 of those points yesterday. While I don't know what it will do today, tomorrow or any time in the future, it's current stock price of 129/share is more than double the 62 dollars a share it was at one year ago today. And depending on when someone bought NVDA stock, they may have 10 times as many shares thanks to a 10-1 stock split last June. To put it another way, if you invested $6200 last January to buy 100 shares of NVDA, today you would have 1000 shares at $129 per share -- $129,000 on a $6200 investment.

So the NVDA investors I know are cautious, but not panicking.

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