Nvidia Shares Rise 2.6%, Lifting Market Capitalization Back Above $5.5 Trillion

According to MSX.COM data, Nvidia stock climbed 2.6%, restoring the chipmaker’s total market value to more than $5.5 trillion.

Summary

MSX.COM data showed Nvidia rose 2.6%, bringing the company’s total market capitalization back above $5.5 trillion. Market capitalization is the total value of a company’s outstanding shares and is widely used to gauge a firm’s size in equity markets.

Terms & Concepts
  • Market capitalization: The total value of a company’s outstanding shares, commonly used to measure its size in public markets.