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This is a Nvidia news story, published by Yahoo Finance, that relates primarily to Steven Cohen news.
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hedge fundThe Motley Fool
•Billionaire Steven Cohen Sold 87% of Point72's Stake in Nvidia and Is Piling Into This Supercharged Stock-Split Stock
79% Informative
Billionaire Steven Cohen has dumped almost the entirety of Point72 Asset Management's stake in Nvidia .
Cohen 's fund held 16,457,320 shares of Nvidia at the end of September 2023 , which made it Point72's fifth -largest stock holding by market value.
Nvidia 's share count has been adjusted for Nvidia 's historic 10 -for-1 stock split in June 2024 .
Chipotle Mexican Grill has outperformed expectations since becoming a public company in January 2006 .
The company's forward price-to-earnings (P/E) ratio of 45 , as of Oct. 11 , is a bit excessive for a restaurant chain.
With some of its organic growth being driven by higher prices, it makes the company's outsized forward P/E ratio even more egregious.
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