NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $4.1 billion in mark-to-market losses over the past three trading sessions, financial data firm S3 Partners said Tuesday.
The chipmaker after the close last Wednesday released its quarterly results and forecast second-quarter revenue more than 50% above Wall Street estimates. Including Tuesday’s gains, Nvidia’s shares are up about 35% since Wednesday and about 180% for the year to date.
(Reporting by Caroline Valetkevitch)
