Nvidia shares have been falling on Monday after the inventory was downgraded by a Baird analyst, who cited considerations over slowing shopper demand exacerbated by the Russian embargo.
Nvidia (ticker: NVDA) inventory was down for its fifth consecutive day on Monday, shedding 5.7% to $218.13. The inventory has misplaced greater than 19% over this five-day interval, and 25% this yr. This is the inventory’s worst five-day stretch since March 16, 2020, when it fell 19.9%, in keeping with Dow Jones Market Data.
Analyst…