Why Nvidia stock is crashing
Nvidia(NVDA) Finbold·2024-11-21 19:26
The chipmaking giant Nvidia (NASDAQ: NVDA), one of the most impressive blue-chip stocks in the 2024 market and a pivotal player in the artificial intelligence (AI) boom, experienced a somewhat unexpected share price drop in the extended session between November 20 and November 21.The crash – which amounts to 3.41% at press time – came as a surprise as it followed an otherwise strong Q3 earnings report published after the closing bell on Wednesday.Specifically, Nvidia announced an earnings-per-share (EPS) of ...