Nvidia, known for its AI chips, saw a rapid decline in value following a historic $430 billion loss in market capitalization over just three days. This drop, the largest of its kind, came after surpassing Microsoft and Apple in value. Despite the recent decline, CEO Jensen Huang executed a Plan 10b5-1 trading plan, liquidating nearly … Read more
Short sellers of NVIDIA have seen a significant increase in profits, totaling nearly $5 billion, as a result of the sharp decline in the stock price over the past three trading sessions. Data analytics firm Ortex Technologies reported that the stock price of NVIDIA increased by over 3% on Tuesday, following a 13% decrease in … Read more
Short sellers of Nvidia stock have raked in an impressive $5 billion from a recent three-day selloff, according to data from Reuters. Nvidia, a major player in the semiconductor industry, experienced a significant drop in its stock value during this period, leading to substantial profits for those who had bet against the company. Short selling … Read more
Nvidia stock (NVDA) saw a 5% increase on Tuesday, rebounding from a three-day decline that resulted in a $430 billion loss in market capitalization for the AI chip giant. The stock had dropped nearly 13% since Thursday, when it hit a record high and briefly surpassed Microsoft (MSFT) as the most valuable company in the … Read more