Nvidia Shares Drop 6%, Market Cap Falls to $4.15 Trillion
Nvidia’s stock fell sharply on November 25, its steepest intraday drop in more than seven months, erasing $1 trillion in value since October’s record high.
Summary
Nvidia shares slid 6% on November 25, marking the largest intraday drop in over seven months. The decline reduced its market capitalization to $4.15 trillion, down $1 trillion from a late October peak. The drop reflects continued market pressure since its record high.
Terms & Concepts
- Market Capitalization: The total market value of a company's outstanding shares, calculated by multiplying share price by the number of shares.