Nvidia Surged 11%+ at One Point as Morgan Stanley Sees Selloff as Buying Opportunity
M+ Global Updates 31/07/2024 22:04

Shares of Nvidia ($NVIDIA Corporation NVDA$) jumped over 11% to US$115.52 as of 10:08 PM Malaysia time after Morgan Stanley issued a research report stating that the recent market selloff in the stock, for undisclosed reasons, presents a good buying opportunity for interested investors.

The investment bank reiterated its "Overweight" rating and US$144 price target on Nvidia, citing unchanged earnings forecasts.

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