Why Nvidia Stock Popped Ahead of Earnings

Semiconductor stock Nvidia (NASDAQ: NVDA) got another lift on Tuesday morning when investment bank Piper Sandler predicted -- on the day before fourth-quarter earnings arrive -- that Nvidia will deliver a "significant beat and raise," as StreetInsider.com reported this morning.

As of 10:10 a.m. ET today, shares are up a solid 6% in response.

Image source: Getty Images.

Continue reading

Source Fool.com