Will the stock price of NVIDIA trade below $250 for at least 1 full day before 2025?
11
closes 2024
40%
chance
1D
1W
1M
ALL
Amount
Ṁ0
Ṁ50
Ṁ100
Payout if YES
Ṁ24 +140.3%
New probability
43% +3%
From https://metaculus.com/questions/17202/nvidia-stock-below-250-before-31-dec-2024/
The closing stock price of NVIDIA Corporation (NASDAQ: NVDA) on 25th of May 2023 was 379.80 USD.
This is a significant increase from the lows in October 2022 of $108.13. Furthermore PE and sales multiples are historically very high.
Market Commentators have expressed concern that NVIDIA is overvalued and in a bubble as part of the excitement related to AI technology.
This question asks specifically about reaching a specific lower price in the near future to assess the probability of short position on NVIDIA. This probability is especially interesting as it can be compared to probabilities on the open market involving monetary commitments.
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