NVIDIA Corp (NASDAQ: NVDA) shares are experiencing a slight uptick in late-morning trading on May 28th, with the stock price currently hovering around $135.64. This represents a modest gain of $0.15, translating to a 0.11% increase for the day as of 11:58 AM GMT-4. Investors are closely watching the tech giant’s performance amidst broader market currents.
The semiconductor powerhouse began the trading session at $136.02, slightly above its previous close of $135.50. Early trading saw NVDA shares reach an intraday high of $136.30. However, the stock also tested lower levels, dipping to an intraday low of $134.80 before finding support and recovering to its current position. This fluctuation highlights a dynamic trading environment for the popular stock.
Looking at the bigger picture, NVIDIA’s current trading level sits well above its 52-week low of $86.63, but still has some ground to cover to reach its 52-week high of $153.13. Key financial metrics show a Price-to-Earnings (P/E) ratio of 46.17 and a dividend yield of 0.029%. The company’s market capitalization is reported at 3.31L Cr.
Market participants will be keenly observing whether NVIDIA can sustain these gains throughout the trading day and build momentum. The stock’s ability to bounce back from its intraday low suggests underlying investor interest, though the path ahead remains a focal point for market analysts and shareholders alike.
