Nvidia Stock Enters Technical Correction But Analysts Remain Bullish
Nvidia(NVDA) Investopedia·2024-12-16 20:43
Key TakeawaysNvidia stock has entered correction territory, which occurs when shares fall 10% from their peak.Despite the recent slide, analysts remain bullish on the chipmaking giant long term.The company's stock took a slight hit last week after Chinese regulators said they would investigate the company for potential violations of anti-monopoly laws. Nvidia (NVDA) stock slipped into correction territory Monday, but analysts are still bullish on the chipmaking giant. Nvidia shares fell 2% intraday Monday ...