26 Jun 2024

Nvidia, $NVDA, is making some INSANE moves:

From June 20th through June 24th, Nvidia lost $600 BILLION of market cap in 3 trading days. Today, the stock has added $250 BILLION in market cap from its pre-market low. That's an $850 billion swing in market cap over just 4 trading days. To put this in perspective, that's a swing of 1.5 TIMES the value of Tesla, $TSLA, in just 4 days. Nvidia is casually swinging almost $1 trillion of market cap in just 4 days with no news. Truly historic. Source: The Kobeissi Letter

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