“Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%10.38

Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange.

Nvidia’s plunge came about after the company reported Q3 results that were significantly below what analysts and investors had expected, causing a sharp selloff that forced its price down 17% to its current price of $167.94.

Original source
https://www.newsbtc.com/2018/11/16/crypto-hangover-causes-nvidias-stock-to-tumble-17/

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