Nvidia's market cap soars by $267 billion in a day following Q4 earnings blow out
After Nvidia released its fourth quarter earnings results on Thursday, $NVIDIA(NVDA.US$ stock surged as much as 16% and hit highs of $785 for a single stock.
This rocket in price added $267 billion to Nvidia's market cap in a single day, which is more than Netflix's overall market valuation, sitting at $254 billion.
With such a successful reporting period and boost in stock prices, traders are left wondering if its time to hop onto the Nvidia ship - or maybe prices will mellow out once the hype dies out.
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zay : I see most people are long-term bulls now but is it dumb to wait for a small correction before buying?