Nvidia stock rose sharply during premarket trading on Monday 3/18/24. Investors were glued to their seats in anticipation to hear what Jensen Huang would reveal. Although robots on stage will get any crowd going, Nvidia failed to deliver anything of substance for consumers. The stock closed up .70%, down 5.92% from its high of the day.
Pi Research Group lowered its price target from $880 down to $721 keeping a sell rating on the stock.