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Sell Off

All articles tagged with #sell off

finance1 year ago

"Nvidia Stock Tumbles Amid Market Sell-Off"

Nvidia stock plummeted by 10% below its 10-week moving average, signaling a sell-off amidst a broader market retreat. The AI chip giant, which had been leading the artificial intelligence boom, is down about 22% from its March high, prompting investors to consider locking in profits or closing positions. The stock's decline mirrors a broader market sell-off, with Super Micro Computer (SMCI) also experiencing a slide, as both companies flashed sell signals in Friday's trading.

finance1 year ago

"Nvidia's Stock Sell-Off and Gold's Record High: What You Need to Know"

Nvidia's stock fell into correction territory, sparking discussions about the reasons behind the sell-off. Analysts attribute the decline to factors such as inflation, volatility, AI stock fatigue, and competition concerns. The sell-off is seen as a signal that investors may be reevaluating stock valuations and waiting for better entry points. The broader market's performance is closely tied to Nvidia's stock, and its recovery is seen as crucial for restoring confidence in the market.

finance1 year ago

"Jim Cramer Analyzes Tuesday's Market Sell-Off and Predicts Future Trends"

CNBC's Jim Cramer attributed Tuesday's sell-off to poor judgment by shareholders, rather than bad earnings or business conditions. He suggested that the market won't bottom all at once and that the sell-off would be cured by the departure of bullish investors who made poor decisions. Cramer pointed to an overheated consumer price index and excessive faith in potential Federal Reserve actions as contributing factors. He advised investors to sell stock and buy back at lower levels, acknowledging the difficulty of executing this plan in practice.

finance1 year ago

"New York Community Bancorp Stock Plummets, Sparking Wider Financial Concerns"

New York Community Bancorp's stock value is set to halve as it continues to slump, with shares plummeting 11% on Tuesday following a surprise quarterly loss. The sell-off has raised concerns about the industry's health, although analysts have noted that the bank's issues are specific to its balance sheet. The capital-building exercise, which led to a 70% dividend cut, was prompted by the bank's need to comply with stricter regulatory requirements after its acquisition of Signature Bank last year. Despite this, at least 13 brokerages have downgraded or lowered their price targets for the bank's stock, and Fitch highlighted concerns about the bank's reduced flexibility and provisions exceeding expectations.