Nvidia Stock Limps To Correction Territory As AI Leader's Post-Election Slump Deepens
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Nvidia's stock has entered correction territory, experiencing a rare downturn while its trillion-dollar peers are seeing gains. This slump follows a post-election period of decline for the AI leader.
December 16, 2024 | 9:30 pm
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Nvidia's stock has entered correction territory, marking a rare downturn for the AI leader. This comes as other trillion-dollar companies are experiencing gains, highlighting Nvidia's unique challenges in the current market.
Nvidia's stock entering correction territory indicates a significant decline in its stock price, which is unusual given its status as a Wall Street favorite. The fact that its peers are gaining suggests specific challenges for Nvidia, likely impacting investor sentiment negatively in the short term.
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