Nvidia Stock Surges: NVDA Shares Rocket Nearly 19% in Volatile Trading
SANTA CLARA, CA – Nvidia Corporation (NASDAQ: NVDA) shares experienced a significant upward surge in recent trading activity, capturing investor attention. The stock price reached 18.03, or 18.72%, according to the latest data.
The provided TradingView chart illustrates intense volatility. After trading in a relatively tight range below the $100 mark, NVDA saw a dramatic spike beginning around the 22:30 mark on the chart’s timeline. The price rapidly climbed above $110 before reaching the reported level of $114.33. This represents a significant jump from the previous closing price indicated at $96.30. Following the sharp ascent, the price action appeared to consolidate at the higher levels shown in the later part of the chart.
This impressive single-day gain of 18.72% adds to positive short-term momentum, with the stock also showing a 10.45% increase over the past 5 days and a 4.03% rise over the last month.
However, this recent rally contrasts with performance over slightly longer timeframes. The data indicates Nvidia shares are down 14.69% over the past 6 months and show a year-to-date decline of 15.93%. Despite this medium-term pullback, the one-year performance remains positive at +30.75%, and the long-term picture shows extraordinary gains, with a 1.58K% (1,580%) increase over 5 years and a staggering 261.22K% (261,220%) rise over its lifetime.
