After losing half its value, Nvidia faces reckoning
Nvidia is a company that has reached the highest highs and the lowest lows, all in the span of a couple of weeks. TechCrunch is experimenting with new content forms. This is a rough draft of something new -- provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like or hate something here. Over the past two months, Nvidia's stock has dropped from a closing price of $289.36 on October 1 to today's opening of $148.42, a decline of 48.8 percent. It takes a lot for a company to lose nearly half its value in such a short period of time, but Nvidia is proving that an otherwise strong technology business can disappear in the blink of an eye.
Jan-18-2019, 21:46:35 GMT
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