The Remarkable Growth of a $1,000 Investment in Nvidia Stock Since 1999
Investing in Nvidia Stock: A $1,000 Investment in 1999 Turns Into $2.1 Million in 2024
Last year, 2023, can easily be described as the year of Nvidia (NASDAQ: NVDA)...
1999 Nvidia stock investment returns
In 1999, $1,000 would have purchased approximately 2,222 shares of Nvidia at $0.40 meaning that by the market’s closing on March 25 – when the blue-chip chipmaker stood at $950.02 – an investor would have had a little over $2.1 million.
This means that a 1999 investment in NVDA would have returned 237,000% and a profit of slightly over $2.1 million.
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