Nvidia Stock Price Decline Isn’t Over: NVDA Down 18% in 7 Days
- Nvidia shares fell 8% Monday, deepening a bear market trend that’s taken hold since early January.
- The latest tumble follows concerns over Nvidia’s Q4 earnings and profit margin expectations.
- Reports of Nvidia’s AI chips reaching China despite export controls added to investor worries on Monday.
Nvidia’s stock plunge deepened on Monday, with the stock down as much as 8% in the session to trade at $114.51.
Shares of the artificial intelligence GPU maker officially entered a bear market last week, down more than 20% from their intra-day highs reached in early January.
The losses have intensified over the past week. The stock is down 18% in seven days, dropping sharply from a February 20 closing…
