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Nvidia stock plummets 20% after disappointing Q3 earnings report and Q4 guidance

Started by Redaktion, November 18, 2018, 22:13:35

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Redaktion

November 18, 2018, 22:13:35
On Thursday, Nvidia released its Q3 earnings report, and as a result stocks plummeted nearly 20% thanks mainly to Nvidia's Q4 guidance, which were $700 million below the expectations of third party analysts who predicted Nvidia would achieve $3.4 billion in revenue. Nvidia claims the lack of crypto demand and surplus of Pascal supply are to blame.

https://www.notebookcheck.net/Nvidia-stock-plummets-20-after-disappointing-Q3-earnings-report-and-Q4-guidance.363031.0.html
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