![]() ![]() Cryptocurrency is also a factor, but I’ll deal with that separately.Īll of these factors came together last week in a downgrade from Baird. The Russian invasion of Ukraine is a part of it. Among these were issues we’ve been talking about for some time, including economic factors like rising interest rates that have investors looking outside of tech stocks. There were a number of catalysts behind last week’s continued slide in NVDA’s stock price. Here’s what you need to know about the latest NVDA stock weakness and why it offers a buying opportunity investors should take full advantage of. Last week alone, NVDA stock dropped 11% and closed at a new low for 2022. Buoyed by analyst projections for huge metaverse and data center revenue potential ( read more about that here), NVDA stock looked like it was heading toward $300 again. After a tumultuous February, shares began a two-week rally in mid-March. 27, they were worth $219.44, meaning they had shed a quarter of their value since the start of the year. However, the slide that began last November continued through January. Even after beginning an extended slide last November, NVDA stock still closed out 2021 worth more than double its value from the start of the year. © 2022 Stock Market Investing with Jose NajarroNvidia (NASDAQ: NVDA) shareholders saw their dreams of 2022 being a repeat of 2021 (at least 2021 up until November) shattered in January. Please do your own research and talk with a financial advisor before making any investing decisions. All content provided on this channel, and my other social media channels/videos/podcasts/posts, is for entertainment purposes only and reflects my personal opinions. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.*ĭISCLAIMER: I am not a financial advisor. Past performance is not an indicator of future results. The Motley Fool Stock Advisor returns are 557% as of and measured against the S&P 500 returns of 122% as of. *A portion of this video is sponsored by The Motley Fool. ![]() Why Is Nvidia Stock Price Down | Bad News For GPUS NVDA Stock Price? Jose Najarro looks at his favorite semiconductor stock right now and recent NVDA Stock News causing Nvidia Stock Price To go down today. ![]()
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