New Delhi, April 7 -- Shares of Nvidia remained volatile at Wall Street open on April 7, crashing 8.15 per cent to a day's low of $86.62 apiece on the Nasdaq. The stock then quickly recovered and rose to a day's high of $101.74 per share.
The stock movement of Nvidia was in alignment with the larger US markets, which initially opened lower and then recovered losses amid fears of a Black Monday fuelled by inflation and recession worries.
At 10:30 am EDT, the Nvidia stock was down 1.09% at $93.29 per share, according to MarketWatch.
Selling has been heaviest among big tech and consumer discretionary stocks, as per a Bloomberg report.
Since the S&P 500 index peaked on February 19, shares of Nvidia have gone down by 32 per cent.
On Monda...
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