What’s going on with the Nvidia share price? Bubble fears or 41% undervalued?
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On Thursday (20 November), the Nvidia (NASDAQ:NVDA) share price opened 4% up, and then was 2% down by the end of the trading day. That might not sound that significant. But it’s huge. This is a company with a $4.5trn valuation. These are huge inflows and outflows of money.
Thursday’s share price action followed Nvidia’s results — released on Wednesday evening after the market closed. The earnings report was originally taken well, with the shares up more than 6% in after hours trading.
So what’s happened? And what changed?
Several theories
In truth, no one really knows exactly why the share price fell. My excellent colleague Stephen Wright suggested the market became a…
