NVIDIA Corp. shares have experienced a notable decline, dropping 3.2% on December 13, 2024, following a 1.7% decrease the previous day. This comes after the stock had been trading flat for nearly six months at around $133, with a market capitalization of approximately $3.30 trillion. Analysts have noted that NVIDIA's shares are showing relative weakness, with some suggesting that the stock could face further trouble if it fails to hold above key support levels. The stock's performance is critical as it is seen as a market mover, potentially dragging the broader market down if it continues to decline. However, there are expectations that upcoming events like the Consumer Electronics Show (CES) in early January 2025, where CEO Jensen Huang is scheduled to speak, could provide positive catalysts for the stock. Additionally, the anticipated launch of the new RTX 5000 'Blackwell' graphics cards in the first quarter of 2025 is expected to boost NVIDIA's prospects. NVIDIA shares are down 10% in the last month.