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Nvidia Stock Plummets 16%, Analysts Warn of Further Declines

2/1/2025

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Summary

Story summary

Nvidia's stock dropped 16%, falling below its 200-day moving average for the first time since January 2023.
The closing price of $119.70 suggests potential further declines, with analysts identifying support near $110.
The upcoming earnings report on February 26 is crucial for assessing Nvidia's valuation and market standing.

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Story summary

Nvidia's stock dropped 16%, falling below its 200-day moving average for the first time since January 2023.
The closing price of $119.70 suggests potential further declines, with analysts identifying support near $110.
The upcoming earnings report on February 26 is crucial for assessing Nvidia's valuation and market standing.