Nvidia Stock News and Forecast: Why did NVDA fall 5% on Monday?

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$NVDA stock falls sharply on Monday as tech woes continue. Nvidia Corp shares fall to $219.17, down over 5% on Monday. NVDA stock is now down 25% year to date by ivanbrian9 stocks trading

n the crosshairs of investors as it closed down 3.6%. The Nasdaq closed lower by 2.35% and was the worst-performing US index on Monday.

Added to this the fears over the demand side of the equation have also resurfaced with a series of poor Nvidia and other chip manufacturers were of the top-performing stocks and sectors in 2021. 2022 is seeing some more defensive positioning meaning these stocks are being hit as investors look to more risk-off bets

 

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