Reported about 11 hours ago
Nvidia Corp. shares fell to a three-week low, driven by concerns over its growth prospects, prompting a trader to place a significant bet that prices would drop further to $115 by March 7. This bearish position followed the company's underwhelming quarterly results, leading to increased trading activity in options and a notable decline in the stock’s value, marking the worst day for Nvidia in a month.
Source: YAHOO