Nvidia Shares Slide 12.6% in June, 17% Below May Peak
NVDA•Nvidia shares tumbled 12.6% in June and have slid 17% from May’s peak of $235.74. The stock has endured five drawdowns exceeding 15% over the past five years yet still gained 851%, signaling historically rapid recoveries after steep sell-offs.
1. Recent Pullback
Nvidia’s share price fell 12.6% during June, extending its drop to 17% below the May high of $235.74. This marked one of the most pronounced monthly declines since 2021, driven by broader market volatility and profit-taking in the chip sector.
2. Historical Recovery
In the last five years, Nvidia has experienced five corrections larger than 15%, yet its stock still rose 851% over that period. Each prior drawdown was followed by swift rebounds, suggesting potential upside if historical patterns repeat.
