Nvidia’ Stock Price Has Nearly Tripled In The Last 3 Years- Here’s Why!
- Friday, March 6, 2020, 7:11
- Market
- Add a comment
Nvidia’s (NASDAQ: NVDA) stock price grew almost 190% from $98 in March 2017 to $284 in March 2020 primarily due to a significant jump in the P/E multiple. A growth in revenue and net margins also helped, although stock price gains were partly offset by a slight increase in share count…