According to Odaily, Nvidia's stock price experienced a 3.2% drop after the opening of the US stock market, marking a decline for the third consecutive trading day. This downturn could potentially result in the evaporation of over $300 billion in market value.
Currently, Nvidia's market value is lower than both Microsoft and Apple. As of last Friday, Nvidia's market value was approximately $3.1 trillion, falling behind Apple's $3.2 trillion and Microsoft's $3.3 trillion. However, despite the recent decline, the company's stock price has still seen a significant increase of 156% from the beginning of the year to the most recent closing day. This makes it the best-performing individual stock in the Nasdaq 100 Index, which is primarily composed of tech stocks.
