NVIDIA Stock Surges 2.95%, Stock Price Hits $483.35 on November 10

NVIDIA Stock Price

As of November 10th, the NVIDIA stock (NASDAQ: NVDA) is valued at $483.35 , showcasing a notable increase of $13.85 (2.95%) in its price today. The positive movement suggests a favorable market sentiment towards NVIDIA, reflecting potential investor confidence or positive company developments. It's important to note that stock prices are subject to real-time fluctuations, and for the latest updates, it is recommended to check with up-to-date financial sources or consult with a financial professional.

NVIDIA Stock Analysis

NVIDIA stock exhibited a positive performance on November 10, closing at $483.35  with an incremental rise of 2.95% or $13.85. Post-market, the stock slightly increased to $483.99, reflecting an additional 0.13% gain. The company's stock, traded on NASDAQ under the symbol NVDA, opened at $475.00, reaching a high of $484.72 and a low of $472.83 during the trading day. The 52-week range for NVIDIA  spans from a low of $138.84 to a high of $502.66, showcasing the stock's volatility over the past year. The market capitalization stands at a formidable $1.19 trillion , attesting to the company's substantial market value.

NVIDIA's financial metrics reveal a P/E ratio of 116.76, indicating a relatively high valuation compared to earnings. The dividend yield is modest at 0.03%, suggesting a minimal return to shareholders through dividends. The company holds a Carbon Disclosure Project (CDP) score of B, indicative of its environmental and sustainability performance. The average trading volume for NVIDIA is robust, with an average of 44.81 million shares exchanged. The stock is listed on the NASDAQ exchange, further solidifying its position in the technology sector. 

NVIDIA Stock Data

Here Are the Key Details for NVIDIA Stock:

NVIDIA’s (NVDA) Profile

NVIDIA Corporation (NVDA) stands as a pioneering force in the American technology landscape, headquartered in Santa Clara, California. Renowned for its expertise in graphics processing units (GPUs), the company excels as a leading designer of GPUs, application programming interfaces (APIs), and system-on-chip units (SoCs) for diverse markets, including AI, gaming, and mobile computing.

NVIDIA's GPUs are instrumental in applications spanning architecture, engineering, entertainment, and scientific research. The company's innovative API, CUDA, powers parallel programming in supercomputing worldwide. Despite a failed attempt to acquire Arm from SoftBank in 2022, NVIDIA continues to dominate the AI hardware and software sectors. With a strong foothold in both professional and gaming GPUs, NVIDIA remains a trailblazer, shaping the future of technology.