Why was NVDA Stock Price up Over 220% in 2016? - Nanalyze

We're sitting here scratching our heads when we see that in 2016, the single best performing stock was NVIDIA Corporation (NASDAQ:NVDA) with the NVDA stock price seeing a 224% increase in 2016. Why are we so puzzled? It's because we believe in the "efficient market hypothesis". There's this notion in finance called the "efficient market hypothesis" and while that may sound terribly boring, what it actually means is this. For any given company on the stock market, all the relevant information about said company is already incorporated into the share price.