Nvidia Is Plummeting Today -- Is the Stock a Buy Right Now?

Nvidia (NVDA -9.37%) stock is falling fast amid multiple bearish catalysts in Wednesday's trading. The company's share price was down 9.7% as of 3:15 p.m. ET amid a 3% pullback for the S&P 500 and a 4% decline for the Nasdaq Composite.Nvidia's valuation is heading lower today amid multiple bearish catalysts. Yesterday, the company submitted a filing to the Securities and Exchange Commission stating that it would be taking a $5.5 billion write-down following news from the U.S. government that it would now re ...