Nvidia drops about 3% in after-hours and futures trade
· Business · Economic Times, Reuters
Nvidia's shares fell about 3.4% in after-hours trading and perpetual futures on Hyperliquid and Blue Ocean systems, dropping to around $180.30 a share. The company announced it is investigating potential foreign intelligence efforts aimed at CEO Jensen Huang. Perpetual futures trading on Hyperliquid and after-hours shares trading on Blue Ocean reflected this decline, with prices down from Friday's Nasdaq closing price of $186.64. Wall Street grapples with a $5.7 trillion rout as AI bets unwind and risk-off mood sweeps European stocks.
Why it matters
The decline affects Nvidia shareholders and highlights volatility in AI-related stocks, potentially impacting investor confidence in tech valuations.
Read the original report — Economic Times
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