tech
February 26, 2026
Small investors buy Nvidia in record numbers after Thursday's open
Everyday traders recorded their highest levels of net buying in the stock during the first 80 minutes of a trading day going back to at least 2012, data shows.
TL;DR
- Retail investors recorded the highest net buying levels in Nvidia stock on Thursday morning.
- This level of buying activity in the first 80 minutes of trading has not been seen since at least 2012.
- Nvidia's recent earnings report exceeded analyst expectations and included strong future guidance.
- The company reported 75% revenue growth in its core data center business, boosting overall sales by 73%.
- Despite strong buying, the stock experienced a decline of over 4% in midday trading.
- Analysts observed significant two-way trading, with both buying and selling contributing to the stock's 'rocky action'.
- Increased retail activity in Nvidia has led to 'spillover buying' in other tech stocks like Broadcom and related ETFs.
- Retail investors had been relatively conservative with Nvidia before the earnings report.
- Nvidia has been a top stock for retail investors throughout 2023.
- Wall Street analysts maintain a bullish outlook, with a consensus buy rating and a price target suggesting over 35% potential growth.
Continue reading the original article