Nvidia falls more than 5% after an 8% intraday drop
In short
Nvidia shares dropped more than 8% when trading opened in New York, then recovered and were still down more than 5% by early afternoon.
The move shows a big swing in one of the market’s best-known tech stocks.
What the reporting says
Nvidia shares slumped more than 8% as trading got under way in New York before recovering to stand down more than 5% in early afternoon trading. The stock’s sharp swing highlights the volatility in a major technology name during the session.
Why it matters
Nvidia shares slumped more than 8% at the start of New York trading and later pared losses to more than 5% down in early afternoon dealings. The move affects investors and the wider technology segment because Nvidia is a major market name.