Nvidia shares poised for 8% surge in Wednesday trade, defying market apprehensions

  • Based on historical performance following quarterly earnings reports,

Shares in NVDA dipped following the Q3 report:

A snippet from Bespoke Investment says the share price could jump 8% tomorrow, saying Nvidia has historically averaged an absolute one-day move of 8.4% following its 87 quarterly earnings reports since 2001.

Maybe it'll take more than one day but betting against the share price of Nvidia is only for the super-nimble, if you know what I mean.

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Its like a boomerang, always comes back

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