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0.000241896468311515 0.00145137880986926 -0.000483792936623201 -0.00193517174649246 -0.000483792936623201 -0.000483792936623201 -0.000483792936623201 -0.000483792936623201
Stock impact report

The Ratings Game: Nvidia stock sees worst day in a decade after earnings detail crypto chip hangover [MarketWatch]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: MarketWatch
Nvidia stock sees worst day in a decade after earnings detail crypto chip hangover Nvidia Corp.’s stock was on track for its worst one-day drop in a decade Friday, as more than half the analysts who cover the stock slashed their price targets after the chip maker surprised investors with worse-than-expected inventory problems for its older gaming cards. Nvidia NVDA, -19.01% shares sunk to an intraday low of $161.61, were last down nearly 19% at $164.34 in heavy trading, and are now down more than 15% for the year. A close at current levels would be the lowest finish for the stock price since Sept. 8, 2017, when shares closed at $163.69, and could push the company’s market capitalization lower than $100 billion. The last time shares had a worse one-day percentage drop was July 3, 2008, when shares plummeted nearly 31% after the chip maker offered a disappointing sales forecast. With less than an hour of trading in the day, more than 43 million shares had changed hands compared with Show less Read more
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