Why Nvidia Stock Short-Circuited Today
Shares of semiconductors giant Nvidia (NASDAQ: NVDA) suffered a setback today after the U.S. Federal Trade Commission (FTC) announced late yesterday that it is suing to block the company's planned $40 billion acquisition of British company Arm Holdings.
New commentary just released by Citigroup isn't helping matters much -- and Nvidia stock is down 6% as of noon ET.
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Source Fool.com