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Benzinga
Benzinga
Business
Adam Eckert

Nvidia Shares Fall 15% In A Week: What's Going On?

NVIDIA Corp (NASDAQ:NVDA) shares are trading lower Thursday and have fallen more than 15% over the last week.

Mega-cap tech stocks have taken a beating since the Federal Reserve raised rates by 50 basis points last Wednesday, its first rate hike of at least half a percentage point in more than 20 years. Stocks surged following the announcement, but pulled back significantly the following day.

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