NVIDIA Corporation (NVDA) Stock: Earnings Hit Hard


NVIDIA Corporation (NASDAQ: NVDA) isn’t having the best of days in the market today, and for good reason. The company reported its earnings for the third fiscal quarter. Unfortunately, the report was anything but positive.

In the earnings report, investors learned that NVDA missed the mark on every aspect. Earnings and revenue were both below expectations. At the same time, the company reduced its guidance, leading to more fears.

While fears are running high, there was a silver lining. The company did increase its quarterly dividend.

The market is reacted to the negative report by sending the stock spiraling down. At the moment (8:30), NVDA is trading at $166.15 per share after a loss of $36.24 per share or 17.91% so far today. View our full report on NVDA earnings.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Previous articleCamber Energy (CEI) Stock: Gaining On Earnings
Next articlePG&E Corporation (PCG) Stock: Up As Bankruptcy Fears Subside
Hey, Im Joshua, the founder of CNA Finance. I enjoy following the trends in the market and finding the catalysts that are making the moves. If you want to get in contact with me, leave a comment below or email me at CNAFinanceHelp@gmail.com Please keep in mind that I am not an investment advisor and nor is CNA Finance. This is a news and information gathering outlet. We may work directly with some of the companies that we write about. If we have a business relationship with an issuer, we will mention that in the articles. We also have various affiliate relationships with advertisers and may be paid if you sign up for a service that you were referred to through our website.


Please enter your comment!
Please enter your name here