Nvidia Turns Positive As Citron Sees Opportunity To Buy
Shares of Nvidia (NVDA), which were trading in negative ground to start the session, have reversed and moved into the green after a tweet from short-selling focused research firm Citron Research.
In the tweet, Andrew Left's Citron said: "Citron buys $NVDA. This is the first time in 2 years stock offers an appealing risk-reward to investors. $NVDA still a player in AI and Data... will eat through inventory issue. We see $165 before we see 120."
Following the tweet, Nvidia shares are up $3.62, or 2.5%, to $148.32.
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