Nvidia Stock: The Week of April 14-18 in Review
Shares of Nvidia (NVDA -3.01%), the leading maker of artificial intelligence (AI) chips, dropped 8.5% last week, which was a four-day trading week due to the stock market being closed for the Good Friday holiday. Nvidia stock ended the week priced at $101.49 per share.
For context, last week, the S&P 500 index declined by 1.5% while the tech-heavy Nasdaq Composite index fell 2.6%. For additional context, shares of Nvidia competitor Advanced Micro Devices (AMD) were down 6.3%.
Below is a discussion of the two major events that moved Nvidia stock last week.
Data by YCharts.
Tuesday, April 15: Nvidia stock gains 1.3% on U.S. investment news
Nvidia stock edged up 1.3% on Tuesday, a day that the S&P 500…
