Why Nvidia Stock Dropped on Earnings Day
It's earnings day for Nvidia (NASDAQ: NVDA) stock -- but the earnings aren't here just yet.
This afternoon, at 4 p.m. ET, the biggest name in graphics semiconductor chips will report its sales and profits for fiscal Q4 2021, and for the whole year as well. But before the earnings news has even arrived, investors have started selling off Nvidia stock, which is down 2.3% at 10 a.m. ET.
Why?
Source Fool.com