Batnick: Only 14 S&P 500 companies exceed Nvidia's $430B three-day loss
Michael Batnick · Decoding the NVIDIA Trade - With Michael Batnick · Jun 26, 2024 · at 7:15
Managing Partner at Ritholtz Wealth Management Michael Batnick discusses the scale of Nvidia's $430 billion three-day market cap decline in June 2024 with Alex Kantrowitz.
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“There's 14, there's 14 companies in the S&P 500 that are bigger than the market cap that was raised in three days. That's it. Only 14 companies are more than four to thirty billion dollars. That's as big as MasterCard and it did it in three days.”
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