TradingKey – Nvidia shares break down and plunge to a nearly seven-month low, with over 10% further downside on watch.

On November 5 ET, Nvidia (NVDA) shares continued to weaken after the open and ultimately tumbled 9.26%, decisively breaking below the $190 mark to close at $181.60. This price not only marks its lowest level since April 2026, but also represents a drop of more than 25% from its record high of $243.37.

Nvidia’s stock has drifted steadily lower since reaching its peak on October 5, 2026. This nearly month-long valuation contraction was not driven by a single event, but rather by the confluence of multiple headwinds: doubts over tech giants’ CapEx return on investment, customer credit risk exposures, surging supply chain…