Nvidia (NVDA) is experiencing a decline in premarket trading, potentially extending its losses for the third consecutive session. The stock’s value has decreased by over $220 billion, with a 2.1% drop in premarket trading. This could lead to a further loss of $65 billion in market capitalization. NVDA concluded the previous week with a market valuation of approximately $3.1 trillion, lower than Apple (AAPL) and Microsoft (MSFT), which are valued at $3.2 trillion and $3.3 trillion respectively. Despite briefly surpassing Microsoft as the most valuable company last week, Nvidia was unable to sustain this position. Nevertheless, the stock has seen a significant increase of 155% year-to-date, making it the top performer in the Nasdaq 100 index.
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https://www.investing.com/news/stock-market-news/nvidia-stock-down-set-to-shed-65-million-in-market-cap-432SI-3493299
Nvidia’s stock price drops, market cap expected to decrease by $65 billion, according to Investing.com
