Nvidia's Market Cap Plummets by $589B Amid Sell-Off: What's Next?

Reported 1 day ago

Nvidia has experienced a historic sell-off, resulting in a $589 billion drop in market capitalization, the largest loss the company has seen. Despite this, retail investors invested over $550 million in Nvidia shares. As the stock begins to rebound in pre-market trading, analysts are divided on whether this increase is temporary or a sign of a broader recovery, with some drawing parallels to the dot-com bubble while others assert that the bull market remains strong.

Source: YAHOO

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