Nvidia shares poised for 8% surge in Wednesday trade, defying market apprehensions
<p>Shares in NVDA dipped following the Q3 report:</p><ul><li><a href="https://www.forexlive.com/news/nvidia-nvda-revenue-and-earnings-easily-smash-higher-through-estimates-20231121/" target="_blank" rel="follow" data-article-link="true">Nvidia (NVDA) revenue and earnings easily smash higher through estimates</a></li></ul><p>A snippet from Bespoke Investment says the share price could jump 8% tomorrow, saying <span>Nvidia has historically averaged an absolute one-day move of 8.4% following its 87 quarterly earnings reports since 2001.</span></p><p><span>Maybe it'll take more than one day but betting against the share price of Nvidia is only for the super-nimble, if you know what I mean. </span></p><figure data-media-><img src="https://images.forexlive.com/images/boomerang_id_bf477404-1761-43d4-9796-9bffac198a3c_original.jpg" alt="boomerang throw" width="399" height="306" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/boomerang_id_bf477404-1761-43d4-9796-9bffac198a3c_original.jpg" /></figure><p><span>Its like a boomerang, always comes back</span></p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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