"Congressional Stock God" operating accurately again? NVIDIA surged 13% before Pelosi bought in
Congresswoman Nancy Pelosi increased her holdings of NVIDIA stock and sold some Microsoft shares before the fourth-quarter earnings report. According to the trading records, Pelosi purchased 10,000 shares of NVIDIA stock, with a transaction value between $1 million and $5 million. At the same time, she sold 5,000 shares of Microsoft stock, with a value between $1 million and $5 million. These transactions took place on July 26th
According to CNBC, a new congressional trading disclosure form submitted by former Speaker of the House Nancy Pelosi revealed that she increased her holdings in NVIDIA (NVDA.US) stock and sold some Microsoft (MSFT.US) shares. The form shows that Pelosi purchased 10,000 shares of NVIDIA stock, with a trading value between $1 million and $5 million; Pelosi also sold 5,000 shares of Microsoft stock, valued between $1 million and $5 million; the transactions took place on July 26th. On Wednesday, NVIDIA's stock price rose nearly 13%, while Microsoft fell over 1% after releasing its earnings report