Geoff Blaber, CEO of analyst firm CCS Insight had predicted in 2020 that the deal would face opposition.Ħ8% of all retail investor accounts lose money when trading CFDs with this provider. In their joint statement, the two companies talked about “significant regulatory challenges.” The calling off of the deal hasn’t come as a surprise to some analysts. Finally, Nvidia decided that it was better to call off the deal. However, from the beginning, the acquisition was facing challenges in the UK. The deal, which was structured as a mix of cash and stock would have made Nvidia the market leader in mobile chips. What’s the forecast for NVDA stock and is it a good buy in February 2022? Nvidia stock recent developments: Arm deal called offĮarlier this month, Nvidia called off its deal with SoftBank to acquire Arm Holdings. Nvidia stock is now down almost 31% from its 52-week high price of $346.47 and like most fellow tech stocks, it is also in a bear market territory.
The stock, which was among the top gainers in the S&P 500 in 20, is down almost 19% in 2022.
US tech stocks have looked weak in 2022 and Nvidia (NVDA) is no exception. The content on this page is for information purposes only. Please note that we are not authorised to provide any investment advice.
0 kommentar(er)
