China Probe Spooks Nvidia Investors. Time to Buy?
Portfolio Pulse from
Nvidia's stock has dropped nearly 10% from its peak of $153 per share last month, influenced by concerns over a probe in China.
December 10, 2024 | 6:00 pm
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Nvidia's stock has experienced a significant decline of nearly 10% from its recent high, driven by investor concerns over a regulatory probe in China.
The news of a regulatory probe in China has spooked investors, leading to a notable decline in Nvidia's stock price. This suggests a negative short-term impact as regulatory issues can affect market sentiment and stock performance.
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