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Barchart
Barchart
Sneha Nahata

Down 15% From Highs, What's Next for Nvidia Stock?

After a blistering rally since the start of this year, Nvidia (NVDA) stock has pulled back sharply this month. The stock has declined by 15% so far in September, pressured by a combination of profit-taking, valuation concerns, the Federal Reserve's hawkish monetary policy, sustained high inflation, and speculation regarding weakening demand.

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