NVIDIA Corporation (NASDAQ: NVDA) had a rough day on Monday, April 17th, as its stock price dropped noticeably by the end of the session. Throughout the trading hours, investors saw the well-known chipmaker’s shares lose ground.
The stock closed at 3.06, down 2.93% from the previous trading day. Even after the markets closed, the negative trend continued slightly, with after-hours trading showing a further decline to $101.27, down $0.15 or 0.15%.
Volatile Session and Key Numbers
The day started with NVIDIA opening at $104.45, and it briefly touched a high of $104.47. But soon after, the momentum faded, and the stock began to fall. It dropped to a low of $100.05 before finding some stability. The final closing number was significantly lower than the previous close of $104.49. Looking at the numbers for April 17th, the company had a P/E ratio of 34.52, while the dividend yield stood at 0.039%. According to the report, NVIDIA’s market capitalization was 2.47LCr.
From a wider view, the current share value is much closer to the 52-week low of $75.61 than its 52-week high of $153.13, pointing to a clear drop from its earlier peak. Investors are keeping a close watch on both the tech world and the semiconductor space to see what could influence NVIDIA’s stock going forward.
