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NVDA rebounds to $166 after opening lower, Michael Shermer notes

NVDA rebounds to $166 after opening lower, Michael Shermer notes
NVDA closes higher after opening dip

NVDA opened at $151 and closed at $166, remaining below its pre-scandal price but experiencing a rise during after-hours trading. Michael Shermer compared this movement to a previous incident, noting that TSLA's price also dropped and then rebounded following Elon Musk's appearance on Joe Rogan's show.

Shermer previously recommended buying Nvidia after a price drop linked to the Huang-Huang affair, citing expectations of a rebound in an earlier article. He has also commented on financial scandals, including how Bernie Madoff continued his scheme for decades despite ongoing investigations in a separate report. These past commentaries provide context for Shermer’s current market observations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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