Nvidia Surge Boosts Hedge Funds

Almost 200 funds now have positions in the high-flying chipmaker, which is up 142 percent since October.

(Courtesy Photo)

(Courtesy Photo)

Another day, another big upward move for Nvidia’s stock.

Shares of the chip giant gained another 2.7 percent on Thursday to close at $271.91. The stock is now up 142 percent since it bottomed in mid-October, making it the top performer in the S&P 500 since that point.

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