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NVDA stockTipRanks
•79% Informative
Nvidia ( NVDA ) experienced a material decline in market capitalization following its Q2 earnings in late August .
However, NVDA stock has shown some vigor again, rising 5% in the last week .
The company posted a 122% year-over-year revenue growth, delivering $30.04 billion for the three months ending July 31 and surpassing analysts’ projections.
At last report, Huang held 786 million shares through various trusts and partnerships, and 75.3 million shares directly.
Combined, Huang controls a 3.5% stake in the company, with an approximate total of 859 million shares.
Despite recent weakness, NVDA shares have nearly tripled over the past year compared to a rise of 37% for the Nasdaq 100.
VR Score
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