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NVIDIA Corp. stock fell a record 10% in one day amidst a move to bearish ratings by two prominent Wall Street stock analysts.
Analysts Romit Shah and Ambrish Srivastava both downgraded NVIDIA's stock rating (from "buy" to "reduce" and "perform" to "underperform" respectively) citing concerns over "valuation and a tempered outlook for gaming."
It is worth noting that NVIDIA stock has tripled in value over the last year, so this may represent a return to reality more than a harbinger of doom for the company's outlook. Regardless, it is the biggest drop in NVIDIA's daily stock price since it went public in 1999, and to see its status downgraded due to "a tempered outlook for gaming" is not the kind of reason gaming enthusiasts like to hear.
View at TechPowerUp Main Site
Analysts Romit Shah and Ambrish Srivastava both downgraded NVIDIA's stock rating (from "buy" to "reduce" and "perform" to "underperform" respectively) citing concerns over "valuation and a tempered outlook for gaming."
![](https://www.techpowerup.com/img/17-02-24/4eb8ea7da815_thm.jpg)
It is worth noting that NVIDIA stock has tripled in value over the last year, so this may represent a return to reality more than a harbinger of doom for the company's outlook. Regardless, it is the biggest drop in NVIDIA's daily stock price since it went public in 1999, and to see its status downgraded due to "a tempered outlook for gaming" is not the kind of reason gaming enthusiasts like to hear.
View at TechPowerUp Main Site
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