Nvidia Drops After Touching Record on Arm Deal Prospects

(Bloomberg) — Nvidia Corp. notched a small decline after touching an all-time high Friday amid growing anticipation about whether the chipmaker will win regulatory approval for its proposed acquisition of Arm Ltd.

The stock rose as much as 3.9% before erasing the gains to close down 0.1%. So far in June, the stock is up more than 14%, putting it on track for its biggest one-month gain since August.

The month’s advance started after Nvidia Chief Executive Officer Jensen Huang said he remains…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *