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Jim Cramer says shorts are ‘crushing Nvidia'
NvidiaNvidia(US:NVDA) Finbold·2024-08-08 14:00

With Nvidia’s (NASDAQ: NVDA) share price trading below the crucial $100 support level, several market participants point to various theories that might impact the stock.As a recap, Nvidia closed the August 7 session valued at $98, with less than 0.1% gains over the 24 hours. Although NVDA is down over 15% on the weekly chart, it continues to benefit from the company’s artificial intelligence (AI) bet, with the share price surging 105% in 2024.Nvidia stock price chart. Source: Google Finance Amid the downtur ...