So, when Bitcoin price collapsed in 2018, so too did Nvidia cards’ demand, resulting in a sharp decline in sales.

For months before the crash, Bitcoin speculators had spent millions of dollars buying Nvidia’s high-performance gaming graphic cards, to help mine crypto. In fact, then firm was essentially a victim of its own success. Nvidia share price then crashed in 2018, after Q3 earnings disappointed investors. Nvidia Stock Price Historical Trends 2009 to Todayīy 2016, NVDA was posting new all-time highs. Nvidia’s share price then dipped to a split-adjusted $5 price, before bottoming out in January 2009. After adjusting for additional splits, the stock price of Nvidia returned to $36, before the 2008 subprime mortgage crisis. This was nothing compared to the 59% overall decline for the NASDAQ stock index.īy March 2002, Nvidia’s stock price was up 31% from the dot-com bubble peak, whereas the NASDAQ index was still down 61%. When the bubble burst in March 2000, Nvidia held up quite well, only dropping 15% in the year following. By February 2000, Nvidia’s stock price per share had already hit $117 per share. Nvidia went public on January 22, 1999, at the height of the dot-com bubble at $12 a share. Nvidia Stock Price Historical Trends 1999 to 2009 Let’s look at Nvidia stock price history, to get a clear picture of NVDA growth over the years.

When does nvda split