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
Corporations are offering gloomier outlooks in the face of geopolitical uncertainty and the Fed's rate hikes.
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.