Nvidia Stock Down 31% in a Month, Wiping Out ~$1.8 Trillion in Market Cap

churchkey · x · 2026-11-12

Nvidia shares have fallen 31% over the past month, erasing roughly $1.8 trillion in market cap—about the size of Australia's GDP. The accompanying chart shows NVDA at $173.73, down from an October peak near $245, with a -31.84% drawdown breaking below the range that held from July through September.

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