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Nvidia stock drops sharply, now second-largest in S&P 500 behind Apple

Market News
12 Nov 2026, 06:38 WIB
Seeking Alpha
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Bearish
Nvidia stock drops sharply, now second-largest in S&P 500 behind Apple

Nvidia's stock price has fallen significantly since peaking just over a month ago, pushing it down toward its 52-week lows amid recent market turbulence. Despite this decline, Nvidia remains the second-largest company in the S&P 500, trailing only Apple, with Microsoft close behind. Meanwhile, Apple has regained its position as the largest stock and is nearing its 52-week high. This shift highlights changing dynamics among mega-cap tech stocks amid market volatility.

Nvidia trades at USD 160.42 on Pluang as of Nov 12, 2026, 12:01 WIB, down 4.96% in one day. The stock shows strong buying interest with 69% of orders as buys. Nvidia's market cap stands at $4.08 trillion, reflecting its major role in the tech sector.

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