Nvidia Stock Crash 2018

Why nvidia s stock crashed.

Nvidia stock crash 2018. Nov 17 2018 at 7 24am. 11 when it closed at 148 83. Nvidia stock collapsed in the after market hours by more than 17 5 and was trading at 166 9 pre market at the time of writing. When the 2018 crypto crash rocked the cryptocurrency mining industry shares of the chipmakers nvidia and amd performed wildly different.

Q4 2018 chips stocks. As for 2019 nvidia stock has returned 11 5 through friday jan. This is a 180 degree inversion of the 300 ambitions the stock was. With the crash in bitcoin prices.

Amd on the rise nvidia crashes despite losses in the gpu sector for both amd and nvidia the red team managed to see stock appreciation thanks to the cpus in mainstream workstations and datacenters. 2 surefire winners to buy in a stock market crash. Over the past two months nvidia s stock has dropped from a closing price of 289 36 on october 1 to today s opening of 148 42 a decline of 48 8 percent. Ryzen was not only the star of 2017.

Nvidia lost 32 last year but amd gained a whopping 71. That s much better than the s p 500 s 3 6 return but it s still 49 off nvidia stock s all time. When it peaked at 292 76 during september 2018 so while the stock is holding on. Analyst says nvidia lied about its cryptocurrency earnings to avoid stock crash.

Nvidia shares surged from 2016 through much of 2018 on demand for processors that could support. Investors have dumped nvidia s stock.