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Benzinga
Benzinga
Business
Melanie Schaffer

Trading Ideas For Nvidia Stock Before And After Q2 Earnings

NVIDIA Corporation (NASDAQ:NVDA) was trading slightly higher Wednesday as the company heads into its second-quarter 2023 earnings print after the close.

When Nvidia printed a first-quarter earnings beat on May 25, the stock opened lower the following day but ran into a group of buyers who caused the stock to soar up over 11% off the open. Nvidia soared an additional 9.75% over the next four trading days before entering into a downtrend, which brought it to a low of $140.55 on July 5.

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