Nvidia Corporation(NASDAQ:NVDA) shares have been on a tear this year, thanks to its exposure to artificial intelligence. The stock is the best-performing S&P 500 stock for the year-to-date period with a gain of about 114%.
Ahead of its quarterly results on Wednesday, here's a look at how profitable an investment in the stock at its 1999 initial public offering would have been now,
The Nvidia IPO: Nvidia went public on January 22, 1999, offering its shares at $12. The company raised $40 million in its IPO, giving the company a valuation of around $625 million. The company's market value has...
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