Nvidia's stock could see its biggest post-earnings gain in a year
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Nvidia's stock is up almost 5% shortly after Thursday's open, as it tracks toward its best post-earnings stock performance in a year. The stock rose 9.3% in the session following
Nvidia's April-quarter report a year ago. With the three respective reports after that, Nvidia's stock logged a post-earnings decline, a fractional gain and another post-earnings
decline, according to FactSet data. The move in Thursday morning action mirrors what was seen in Wednesday's extended session. A Benchmark Research analyst wrote before the open that he
and his team "[agreed] with the market's initial reaction to its results, which once the China charge and associated revenue is netted out, equal a solid beat and raise report,
which appears to be a relief to investors that worried just how bad things could get."