#NVIDIA plunges for five consecutive days, marking its worst performance since 2022, with market value surpassed by Microsoft

About NVIDIA plunges for five consecutive days, marking its worst performance since 2022, with market value surpassed by Microsoft

As of the leaderboard window on 2026-11-11 03:00, Nvidia (NVDA) fell from $206.69 to about $167 in the five trading days after the election, a cumulative decline of nearly 19%. On November 5 alone, it dropped 9.3%, on November 9 it fell 4.3%, and intraday on November 10 it once again dropped about 6.2%. Citibank and Wells Fargo lowered their target prices before earnings reports, with Wells Fargo reducing its target from $315 to $300. During the same period, Microsoft's market value surpassed Nvidia's for the first time since June 2025, and the Nasdaq index fell 1.26% that day. As a bellwether for AI and semiconductor sectors, this sharp decline has led the market to reassess the funding pressure under a high-leverage environment, which may also have a correlated impact on risk appetite in the crypto market. The subsequent trend still needs to be observed.