Wall Street cools on Nvidia: two banks drop it from top picks but do not say sell
FROM THE WIRE · FINANCE.YAHOO.COM
Breaking up with Nvidia (NVDA) is hard to do. After the stock dropped 25%, two of Wall Street's biggest banks pulled it from their top-pick lists, and neither could bring itself to say "sell" — yet. Morgan Stanley's version was the most polite: It's not you, it's our stop-loss…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTop-pick removals and downgrades by major banks can weigh on NVDA and chip suppliers such as MU and LRCX.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation175.91 USD+0.61%today +4.16%Negative Micron Technology, Inc.818.92 USD+1.17%today +12.94%Negative Lam Research Corporation237.27 USD+1.05%today +6.69%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets