Tesla, Apple, Nvidia Lead Broad Stock Selloff
By Charley Grant, Reporter
Major U.S. indexes are down Wednesday, and the most-popular stocks are among the biggest laggards. Nvidia, this year’s market darling, is down more than 3%. Tesla was recently off nearly 3%. If that weren’t enough, Apple declined about 3%.
Those companies didn’t report any significant news to account for the declines. But Nvidia has more than tripled this year, while Tesla has doubled.
Stocks in Decline
- Nvidia down more than 3%
- Tesla down nearly 3%
- Apple declined about 3%
No Significant News
Despite the decline in stock prices, none of the companies have reported any significant news that could explain the drop.
Nvidia has experienced significant growth this year, with its stock price more than tripling. Similarly, Tesla’s stock price has doubled.