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Why Nvidia Stock Was Up on Thursday | The Motley Fool
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Why Nvidia Stock Was Up on Thursday | The Motley Fool
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Why Nvidia Stock Dropping Lower Isn t All About The Split Look Toward Ethereum, Dogecoin
NVIDIA Corporation (NASDAQ:NVDA) shares turned red on Tuesday after losing the prior session’s buoyancy.
What Happened: The fall in the shares comes on a day when the company stock split 4-for-1. However, there may be another factor at play leading to the company’s stock slipping.
The falling prices of cryptocurrencies such as
Ethereum (CRYPTO: ETH) and
Dogecoin (CRYPTO: DOGE) are also likely impacting Nvidia.
ETH and DOGE have plunged 17.09% and 33.64% respectively in the last 30 days with both registering 3.97% and 6.78% declines in the last week alone.
NVIDIA Corporation (NASDAQ:NVDA), SOFTBANK CORP ORD (SFTBF) - KeyBanc Raises Nvidia Price Target Signifying 16% Upside, Reiterates Overweight Rating
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