Feb 20, 05:50 PM

Nvidia Stock Plummets 6%, Loses Record $78 Billion in Market Cap Since 2022, Down 7% Towards Sub-$600 Ahead of Key Earnings Report

Nvidia's stock experienced a significant decline, with the company losing a record $78 billion in market capitalization. The stock fell by 6% in its worst day since 2022 ahead of a crucial earnings report. Analysts are cautious about expecting an earnings surprise this time around as the stock heads for its biggest drop in over a year and the largest market-cap loss ever. Despite the recent decline of over 7% in the last four days, some analysts believe that the stock may still drop further below $600.

#Nvidia

Written with ChatGPT (GPT-3).