Why Nvidia Stock Plummeted This Week

Nvidia (NASDAQ: NVDA) stock got hit with one of its biggest pullbacks this year over the last week of trading. The company's share price closed out the week down 7.1%. Meanwhile, the S&P 500's level declined 1.6%, and the Nasdaq Composite's level declined 3%.Nvidia stock had been down as much as 11.6% on the week prior to seeing some substantial recovery momentum late in Friday's trading. While the company's share price has recently seen a valuation pullback, it's still up 40% year to date. Image source: Nvidia.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool