Nvidia’s Stock Up 3% YTD While Semiconductor Index Soars 82%
NVDA•Nvidia’s shares have risen just 3% year-to-date compared with an 82% gain for the Philadelphia Semiconductor Index. On Wednesday the stock added 0.7%, underperforming broad sector futures ahead of the U.S. market open.
1. Divergent performance trends
Since the beginning of the year Nvidia’s stock is up only 3%, in stark contrast to the 82% advance of the Philadelphia Semiconductor Index. On Wednesday shares gained 0.7% as sector futures pointed higher ahead of the U.S. market open.
