NVDA Stock Split and Leveraged ETFs Risky Ride
Nvidia ETFs push the limits of the stock's rally heading into 10-for-1 stock split Friday.
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Nvidia ETFs push the limits of the stock's rally heading into 10-for-1 stock split Friday.
ETFs holding the EV stock are sharply underperforming the market this year.
Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker reports quarterly results after the bell. In August, Nvidia stock soared to all-time highs after the company reported quarterly results.
Chipmaker Nvidia has been leading the AI charge this year, driving shares to a new record up 242% YTD and leaving little room for disappointment in its upcoming earnings report.
Trading volumes in leveraged ETFs tied to Nvidia on Tuesday showed many traders anticipate yet another upside earnings surprise and bullish outlook when the chipmaker reports quarterly results after...