this post was submitted on 28 Jan 2025
366 points (97.4% liked)
Memes
46386 readers
1720 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Is it really that big of a fall?
Maybe to stock people since they panic at everything but it’s way up overall
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
Yeah NVIDIA recovered from way worse during the pandemic
~12% for a widely speculated upon stock, not really.
Only for day traders
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.