23-02-2024 22:36 via rocketnews.com

Nvidia flirts with $2 trillion valuation, but fails to finish there

Nvidia Corp. just fell short of finishing as one of only three U.S. companies to fetch a closing market value above $2 trillion. The chip maker’s stock NVDA, +0.36%rose as much as 4.9% in Friday’s session, which would have implied a market capitalization of $2.06 trillion. But shares pulled back as the session wore on and finished at $788.17, up only 0.4%. That translated to a closing valuation of $1.98 trillion. Any finish above $800 would have given Nvidia a $2 trillion closing mar
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