Can someone explain to me how the Cheesecake Factory $CAKE is up 107% YTD while Nvidia $NVDA, arguably the U.S.ās most important company right now, is up only 17% YTD. Are we all doing investing completely wrong?
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10 Comments
Rez @rezola Ā· 2h
For 1% move of each stock at this price: $CAKE approx. needs 2 - 5M while $NVDA needs approx. 2 - 5B.
Zahmir White@zahmir_white Ā· 3h
Iām gonna follow this because now Iām curious
Sergey @icarus1908 Ā· 1h
Have you tried earing graphics cards? Disgusting!
Scott S@scottsinvesting Ā· 2hEdited
The 107% move in $CAKE was an increase of just $2.80 Billion. The same 107% move for $NVDA would have equated to $5 Trillion+! Perspective... I don't want to say it's "easier" for smaller cap stocks to make big moves, but I'll say it anyway because it is... FWIW... The 107% increase in CAKE was not warranted IMHO.
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