Jessie Lucky
11-27
$NVIDIA Corp(NVDA)$  


Nvidia Corp. posted its biggest one-day drop in nine months as traders took profits following a rally that saw the stock gain more than 19% in six consecutive trading days.

The chipmaker’s shares fell 5.6% on Friday, the biggest drop since May 31. In a sign of how far Nvidia has rallied this year, the drop erased about $130 billion in market value, ranking among the biggest single-day value destructions in US stock market history.

Is NVDIA good to buy now?


Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment