Nvidia Dominates List Of The Biggest Single-Day Stock Swings Of All Time

Zero Hedge09-16

In this graphic, Visual Capitalist's Marcus Lu ranked the biggest single-day stock swings in U.S. history, by total change in market capitalization in U.S. dollars.These numbers were sourced from the ...

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AsxBets
09-16
AsxBets
Looks like there's gonna be another big sell off

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This was due to better-than-expected results posted by AMD, another U.S. semiconductor company with a focus on artificial intelligence (AI).A few weeks earlier on June 11, 2024, Apple shares recorded their best day since 2022 after the company revealed its on-device AI system, Apple Intelligence.Next, let’s look at the biggest single-day market cap losses in U.S. history.Again, we can see that all of these losses were recorded in the past few years. Given today’s multi-trillion dollar valuations, billions in company market cap can be gained or wiped out in a single day.Volatility in 20242024 is proving to be a volatile year for tech stocks, particularly Nvidia, as investors have recently rotated into more defensive sectors like Utilities and Consumer Staples. 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