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Why Nvidia stock price is crashing
NvidiaNvidia(US:NVDA) Finbold·2024-10-15 17:34

After appearing to be on the verge of a new record high, Nvidia’s (NASDAQ: NVDA) stock price is showing weakness, stemming from reactions to a possible policy change that could impact the company’s future outlook.The NVDA share price is struggling to maintain its valuation above the $130 support level, just a day after the equity attempted to breach the $140 resistance. As of press time, Nvidia was trading at $130, down over 5%. These losses have extended on Nvidia’s weekly chart, where the equity is down 2 ...