Tiger Brokers

Nvidia Corp. Stock Rises 8.7%, Outperforms Peers

Dow Jones
Aug 28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of NVIDIA Corp. advanced 8.7% to $227.98 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.

NVIDIA Corp. closed 3.6% below its 52-week high of $236.54, which the company reached on May 14th.

The stock outperformed some of its peers, as Broadcom Inc. rose 4.5% to $371.54, Qualcomm Inc. rose 0.6% to $164.78, and Intel Corp. rose 4.36% to $92.09.

Trading volume totaled 293.4 million, compared to the 50-day average of 129.7 million.

Data source: Dow Jones Market Data, FactSet

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