Nvidia (NVDA) stock’s recent surge has made market history, reaching a $3.6 trillion market cap as the first company to do so. This figure reflects the total value of a company’s outstanding shares. NVDA stock has been on a winning streak for months. However, Donald Trump’s recent victory has sparked additional momentum, as his anti-regulatory policies are expected to significantly benefit Big Tech companies.
What’s Happening with Nvidia Stock Today?
Despite some pre-market volatility and negative momentum, Nvidia stock has had an overall excellent week. It closed trading yesterday up 2%, continuing a week of steady growth that has pushed shares up 9% over the past five days. NVDA stock struggled in early September, causing speculation of an overly inflated valuation. However, the company’s historic new market cap indicates that Nvidia’s reign as a market leader is far from over.
This new $3.6 trillion…
