Corporations are offering gloomier outlooks in the face of geopolitical uncertainty and the Fed's rate hikes.
SANTA CLARA, Calif., May 27, 2022 (GLOBE NEWSWIRE) -- NVIDIA today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC to purchase up to 215,000 shares of NVIDIA common stock, representing significantly less than 1% of NVIDIA’s outstanding common stock. The offer price of $210 per share is conditioned on, among other things, the closing price per share of NVIDIA’s common stock exceeding $210 per share on the last trading day before the offer expires. Thi
What happened Shares of Nvidia (NASDAQ: NVDA) were up 3.5% today as of 11:15 a.m. ET. That now marks a more than 10% rebound in the last five trading days as investors weigh data from the company's recent earnings report and financial guidance for the second quarter -- which is calling for "only" 24% year-over-year sales growth at the midpoint of expectations.