Nvidia’s stock is on a losing streak not seen in 14 years. What comes next?

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Nvidia has wiped out $657 billion in market capitalization this week. Its shares, traded under the ticker NVDA, have fallen 14.4% this week and are on pace to record their sixth consecutive weekly decline. The stock was already under pressure before the scandal involving Jensen Huang came to public attention. This would be the longest streak of consecutive weekly losses since a six-week period that ended in October 2012, according to Dow Jones Market Data.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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