Fool.com contributor Parkev Tatevosian evaluates the latest development to explain the price action of Nvidia (NVDA 3.30%) stock.
*Stock prices used were the afternoon prices of Aug. 30, 2024. The video was published on Sept. 1, 2024.
Nvidia's Stock Price Decrease Baffles Investors
By Parkev Tatevosian, CFA – Sep 2, 2024 at 9:53AM EST
NASDAQ: NVDA
Nvidia
Market Cap
$4.3T
Today's Change
(-3.30%) $5.97
Current Price
$174.96
Price as of December 12, 2025 at 3:59 PM ET
Despite solid numbers on the top and bottom lines, Nvidia's stock price fell after its investor update.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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