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Nvidia's stock plunge erases $118B in market cap

Brad Smith and Madison Mills

Fri, Jun 21, 2024, 9:28 AM

In this article:

Nvidia's (NVDA) reign as the most valuable publicly traded company was brief. The semiconductor giant extended its losses, shedding $118 billion in market capitalization. The company, which recently surpassed Microsoft (MSFT) to claim the top spot, is seeing shares drop amid the market's triple-witching Friday.

Read more about Nvidia's run here.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Angel Smith

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