Nvidia stock experienced significant volatility during Monday’s trading session, closing up 3.5% after fluctuating as much as 7.9% higher and 8.2% lower. The market reacted to news on tariffs, initially plummeting before recovering slightly, with the S&P 500 down 0.3% and the Nasdaq Composite up 0.1%. Despite uncertainties surrounding tariffs and global economic conditions, Nvidia’s outlook remains uncertain, with potential impacts on customer spending and continued high levels of stock volatility expected.
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Why Lumentum Holdings Stock Bounced 5% Higher Today
Lumentum Holdings saw its stock soar over 5% on Monday, driven by bullish analyst notes including an upgrade to outperform with a $70 price target by Northland analyst Tim Savageaux. Stifel also provided positive feedback on the company's prospects in the optical field, dispelling the notion of optical transceivers being obsolete. With increasing data transmission demands, Lumentum appears well-positioned to capitalize on these trends, making it a compelling company to monitor for potential growth. Full...
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