Nvidia shares take fresh hit as growth expectations disappoint
Portfolio Pulse from
Nvidia's shares have declined following an earnings report that did not meet growth expectations, primarily due to ongoing supply chain constraints affecting the company.
November 20, 2024 | 10:15 pm
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Nvidia's stock price has decreased following an earnings report that failed to meet growth expectations, largely due to supply chain constraints.
The earnings report is a critical event for Nvidia, and the failure to meet growth expectations directly impacts investor sentiment. Supply chain constraints are a significant factor, leading to a negative short-term outlook for the stock.
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IMPORTANCE 80
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