Quote post: @charliebilello on chip stocks below all-time highs ($NVDA needs about 28% to regain its record close)
$NVDA closed at a record $239.24 on Oct 6 and at $181.60 on Nov 5. After Friday's bounce to about $186.6 it needs about 28% to get back there.
I think the Nov 17 report has to drive that because the selloff came from regulation fears. Not financial advice
https://x.com/charliebilello/status/2119083483855470768
Sources: 24/7 Wall St: record close $239.24 Oct 6; Nov 5 close $181.60 (-9.26%); Friday rebound; Nov 17 report; selloff tied to m · INDmoney: Nov 5 close $181.60, record close $239.24 Oct 6, -24.09% from record close · DrawdownAlerts: Nov 6 close $186.64, ATH close $239.24, -22.0% · Investing.com: Nov 5 close $181.60; selloff sector-wide on Democratic midterm wins raising AI/data-center regulation fea
Not financial advice. For informational and educational purposes only.
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