Nvidia shares fall for third day in a row, threatening to lose more than $300 billion in market value
Odaily2024/06/24 17:01
By:Odaily
Odaily News After the U.S. stock
market opened, Nvidias stock price fell 3.2% at one point, falling for the third consecutive trading day, and may evaporate more than $300 billion in market value. Nvidias market value is currently lower than Microsoft and Apple. Last Friday, Nvidias market value was about $3.1 trillion, lower than Apples $3.2 trillion and Microsofts $3.3 trillion. However, the companys stock price has risen by 156% since the beginning of the year to the most recent closing, making it the best performing stock in the Nasdaq 100 index, which is dominated by technology stocks. (Jinshi)
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