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As of 12:32 PM EST, several high volume stocks have showcased mixed performances during the mid day trading session:
NVIDIA Corporation’s stock was down 2.83%, trading at 136.15 USD, with a market capitalization of 3.33 T USD. This drop is also because of the expected chip export restrictions that could be imposed by the Biden administration.
Tesla, Inc. saw a smaller drop of 0.73%, with its stock priced at 392.06 USD and a market cap of 1.26 T USD. However, Apple Inc. reported a decline of 3.00%, trading at 235.43 USD, and maintained a market capitalization of 3.56 T USD.
Meta Platforms, Inc. bucked the trend, gaining 0.39% to trade at 613.08 USD, with a market cap of 1.55 T USD. Whereas, Advanced Micro Devices, Inc. faced the steepest decline, down 5.43%, with its stock valued at 115.22 USD and a market cap of 186.98 B USD.
Amazon.com, Inc. fell 1.91% to 217.89 USD, holding a market cap of 2.29 T USD. Meanwhile, Microsoft Corporation dropped 1.49%, trading at 418.23 USD, with a market capitalization of 3.11 T USD.
Finally, Palantir Technologies Inc. saw a decline of 2.59%, with its stock priced at 66.47 USD and a market cap of 151.41 B USD.
With the release of the 2024 jobs report including the country’s unemployment data during the year, the U.S. stock market has faced considerable disruptions with most of the high volume stocks especially in the technology sector facing losses.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.