NVIDIA experienced a huge drop in the capitalization of 23 billion dollars in 24 hours. Record for the last 10 years, a one-day stock drop occurred last Friday.
One day the depreciation of the shares was 30%. Also, the company has overcome the worst for the year value of the cost of shares in 161,61 dollar and didn’t stop there.
However, over the last month and a half the price of NVIDIA shares are down 40% from $ 289,36 October 1 to 144.7 us dollars. In total, the company lost more than $ 80 billion capitalization. Note that this value of the stock grew, a year ago the price was $214 per share.
The reason for this decline in the value of shares of steel disappointing sales of the new generation of graphics cards NVIDIA RTX, which disappointed investors. Analysts also predict a decline in revenue.