CNBC reported a trader’s cautious outlook on Nvidia’s shares ahead of Monday’s trading session. The trader said, “If I didn’t own Nvidia, I wouldn’t buy it on Monday. The stock will probably go lower from wherever it opens.”
The comment reflects a sentiment that, despite Nvidia’s recent performance, the market may still see a pullback in the stock’s price at the open. It does not provide any specific catalysts for the potential decline.
While the headline of the story alludes to a rumored affair involving Nvidia’s CEO Jensen Huang and an accused Chinese spy, the source material offers no details on that claim. The quote focuses solely on the expected movement of the stock.
Without further information, investors and analysts will likely monitor Nvidia’s price action and any subsequent company announcements to gauge the market’s reaction.
<small>Source: CNBC — read the original story there.</small>