Why did $NVDA go down so much from its peak of ~$329 in 2021 to ~$112 and then recover to ~$290 today?

$NVDA had a peak of ~$329 in 2021 and dropped 66% to ~$112 last year, presumably in part due to the rising interest rates. However, it's now recovered to almost $290 which is near its peak. What happened in the past 2 years for this massive up and down?

submitted by /u/j__p__
[link] [comments] https://www.reddit.com/r/stocks/comments/13ie6yj/why_did_nvda_go_down_so_much_from_its_peak_of_329/
Created 2y | May 15, 2023, 5:21:14 PM


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