487
Nvidia shares plunge as US tech giant investigates CEO Jensen Huang's affair with suspected Chinese spy (www.bbc.com)
submitted 10 hours ago by to c/technology@lemmy.world
81 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 48 points 6 hours ago (5 children)

They dropped a few percent.

Wall Street has no morals, it only dropped on the fear that this MIGHT affect them making money. It will recover shortly and people will move on.

  • permalink
  • fedilink
  • source
  • hideshow 5 child comments
    •
  • [–] 4 points 5 hours ago (3 children)

    "A few percent" is as biased a description for -5% as "plunged". I mean you can all it both but really both is making it sound smaller or bigger than it is.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 5 points 5 hours ago (2 children)

    5% is barely more than a normal daily 2-3% swing on any stock that nobody would really even write an article about. Thursday it dropped 9%, a lot more significant than this 5% drop in the middle of an already negative trend for this month.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 3 points 4 hours ago

    It is double that. Anyhow 9% is a pretty substantial short term loss. Markets are nervous but still don't want to call the bubble for real it seems. Let's see if they find another excuse in short succession to correct the stock.

  • permalink
  • fedilink
  • source
  • parent