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NVIDIA Stock Drops as Tech Sector Shines

Guavy AI Editorial Team
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NVDA
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NVIDIA Corp. (NASDAQ:NVDA) stock dropped by about 2% on Tuesday, falling short of its technology sector's performance.

The decline comes as investors shift their focus within the market, with only four out of 11 sectors showing gains.

Utilities led the charge with a 1.08% increase, reflecting investor demand for more defensive areas of the market.

NVIDIA underperformed its technology peers by around 2.5 percentage points, despite the sector's overall strength over the past 30 and 90 days.

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