this post was submitted on 28 Jan 2025
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[–] slacktoid@lemmy.ml 25 points 3 days ago (4 children)

Is it really that big of a fall?

[–] reallykindasorta@slrpnk.net 65 points 3 days ago (2 children)

Maybe to stock people since they panic at everything but it’s way up overall

[–] Deadeyegai@lemmy.world 23 points 3 days ago

Exactly. Once a stock hits a certain price swings one way or another do have big impact on market cap right now. But context and history are important in the grand scheme

[–] venusaur@lemmy.world 14 points 3 days ago

Yeah NVIDIA recovered from way worse during the pandemic

[–] dx1@lemmy.ml 17 points 3 days ago

~12% for a widely speculated upon stock, not really.

[–] tdawg@lemmy.world 12 points 3 days ago

Only for day traders

[–] ZWQbpkzl@hexbear.net 11 points 3 days ago

Its not tanking but it took a big hit. Dropped about $20 per share out of an initial $140. Its dropped a total of $30 over 5 days.