Category: Wiped
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Nvidia: over $500bn wiped off value in 3 days in record drop
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Nvidia’s Jensen Huang began learning the meaning of the phrase “the higher they go, the harder they fall.” After briefly outperforming Microsoft and Apple last week – and indeed entire European stock markets – the company behind the AI chip boom saw the fastest single divestment in history. Over the…
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NIS 7b wiped off Maytronics’ value since 2021
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Members of Kibbutz Jezreel in northern Israel must have pulled out their hair when they saw the stock price of pool-cleaning robot maker Maytronics (TASE: MTRN) fall nearly 30% in a single day following the release of disappointing first-quarter financials. The stock price collapse wiped out about NIS 1 billion…