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Nvidia stock faces potential 20% crash, warns Private Equity Firm
NvidiaNvidia(US:NVDA) Finbold·2024-08-29 14:07

Despite Nvidia (NASDAQ: NVDA) strong Q2 earnings report on August 28, which exceeded market expectations, the company’s stock surprisingly dropped by 8% in after-market trading. Analysts from Musketeer Capital Partners have warned that this may be just the beginning of a more significant downturn.After posting a double beat on its earnings expectations, NVDA stock experienced a decline in value, potentially spurred by the lower beat on earnings compared to the previous quarters and a somewhat constrained fo ...