Nvidia reclaimed $3 trillion market cap, remains third most valuable company

From Benzinga: 2024-06-26 15:35:02

Last week, Nvidia briefly became the most valuable company in the world, surpassing Microsoft and Apple with a market capitalization of $3.33 trillion.

After hitting a new all-time high of $140.76, Nvidia’s shares began to fall, closing at $130.78, $126.57, and $118.11 on subsequent days.

Despite the drop below $3 trillion, Nvidia quickly reclaimed the milestone, showing resilience in the market.

Nvidia stock has soared 207% in the last year and is up 152% year-to-date in 2024, making it an attractive investment option for many.

With a potential addition to the Dow Jones Industrial Average on the horizon, Nvidia’s future growth prospects remain strong.

Currently trading at $123.65, Nvidia has a market capitalization of $3.037 trillion, making it the third most valuable company behind Microsoft and Apple.



Read more at Benzinga: Nvidia Reclaims $3 Trillion: 37% Of Benzinga Readers Nailed Prediction For Under A Month