Nvidia Stock Drop 2018

Investors have dumped nvidia s stock.

Nvidia stock drop 2018. 11 when it closed at 148 83. This drop made it the worst performing s p stock of 2018 s 4 th quarter. Nvidia the largest graphics processing units gpus manufacturer in the world recently saw its stock price drop over 6 after releasing its estimates for the third quarter of this year. Also new nvidia chip.

Nvda stock was humming along nicely in 2018 and had gained about 45 as of the very beginning of october but the company s shares took a sharp plunge the rest of the month and. That s much better than the s p 500 s 3 6 return but it s still 49 off nvidia stock s all time. After a red hot past several years nvidia stock has struggled in early 2018 but those struggles will pass and the stock will head higher in the long term. The ratings game nvidia stock closes higher after noted short seller predicts 20 drop following turing gaming card reveal published.

Why did nvidia stock drop in after hours trading. But nvidia is not the only stock that got hit. The graphics processor manufacturer is now telling shareholders that it s expecting sales to drop by more. As for 2019 nvidia stock has returned 11 5 through friday jan.

Many other chip stocks also got hit just like nvidia. On pace for its steepest drop since the fourth. The company revealed crypto related sales fell in q2 and it won t project them for the rest of the year. 22 2018 at 7 23 a m.

Read what nvidia s graphics breakthrough means for the company s stock. Due to this many others also got caught in this whole dropping index domino for example nasdaq which dropped 21 this quarter. At the gamescom 2018 expo in germany. Why nvidia s stock crashed.

Nvidia shares surged from 2016 through much of 2018 on demand for processors that could support.