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Why Nvidia Stock Dropped Back Today

TheMotleyFool

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Up again, down again semiconductor stock Nvidia (NASDAQ: NVDA) is... down again in Friday afternoon trading, falling 2.9% through 12:45 p.m. ET.

After dropping along with the rest of the tech sector early in the week, Nvidia shares perked up briefly yesterday after Bank of America named Nvidia a "top compute pick" for 2022. The selling resumed today, however, despite some positive commentary from Citigroup.

Image source: Getty Images.

Source Fool.com

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