Nvidia Share Price Up Despite the Crypto Slump

in #bitcoin • 5 years ago

Nvidia, global gaming computer chip maker, reported revenue down 24% from last year, which was its first decline over the past five years. This news was expected given the shape of the crypto markets over the past year. Despite this, the stock price was up 6% in extended trading on the 14th Feb 2019. In a press conference call, the Chief Financial Officer (CFO) and Executive Vice president, Colette Kress said one of the reasons was driven by, predictably, the crypto space.

For the full read please visit: https://bitfudge.com/20190215-nvidia-share-price-up-despite-crypto-slump/

#mining #cryptocurrency #nvidia #trading
5 years ago in #bitcoin by
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