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Is NVIDIA Rising from the Ashes?

Adam Rogers
Is NVIDIA Rising from the Ashes?

Semiconductor (SMH) heavyweight NVIDIA (NVDA) rose 5.6% on November 26 to close at $153.05. The company’s stock recently touched a 52-week low price of $133.31. Despite its 5.6% gain yesterday, the stock is still down 27.4% this month, 46% since the start of October, and 21% in 2018.