NVIDIA Leads D20 Rebound

With 19 gainers and only one loser, the Driverless Transportation (D20) Stock Index rebounded strongly last week, moving up nearly 9 points, or 6.9 percent, to finish at 131.86. The Dow and S&P recovered nicely as well. The Dow increased 418.15 points, or 2.6 percent, while the S&P moved up to 1917.78 by adding 2.8 percent.

Five of the 19 gainers rose more than 10 percent last week. NVIDIA (NVDA) led the list with an 18.3 percent rise, followed by Valeo (VLEEY) at 17.1 percent, Mobileye (MBLY) at 14.7 percent, BYD Company (BYDDY) at 13.4 percent, and Tesla (TSLA) at 10.3 percent.

The D20’s lone loser this week was Nissan (NSANY), with a drop of 1 percent to $16.90.

The D20 was adjusted last week to account for the lack of trading in VOLVO AB’s ADR (VOLVY). VOLVY was replaced by an equal value of Volvo AB’s B-series Common (STO:VOLV-B) stock that is traded in Swedish Kroner on the Stockholm exchange. This swap will allow the D20 to continue to have the Swedish truck maker represented in the index with a liquid stock.

Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.