NVIDIA Corp. Fell To A New Low On Q2 Guidance News

NVIDIA Corp. (NVDA) announced after the close Wednesday that it now expects to report second quarter revenue of $800 million to $820 million, compared to its previous forecast of $950 million to $970 million.

NVIDIA Corp. gapped open lower Thursday and declined until around the middle of the morning. Shares finished down by 1 point at $9.13 on the highest volume in over 7 months. The stock fell below a one-month range and set a new low for the year.

by RTTNews Staff Writer

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