US Stock Market Move | NVIDIA Corporation (NVDA.US) falls more than 2% in pre-market trading, with large put options betting on a bearish outlook.

date
28/02/2025
avatar
GMT Eight
After plunging over 8% on Thursday, NVIDIA Corporation (NVDA.US) continued to fall by over 2% before the market opened on Friday, trading at $118.08. It is reported that a trader bought over 300,000 contracts on Thursday afternoon, betting that NVIDIA Corporation's stock price will drop to $115 by March 7, indicating a decrease of over 4% from Thursday's closing price. The last time NVIDIA Corporation's stock price reached this level was in mid-September last year. Despite releasing better-than-expected financial results for the fourth quarter of the 2025 fiscal year after the US market closed on Wednesday, NVIDIA Corporation's performance was not as impressive as before, and the guidance for the first quarter of the 2026 fiscal year was mixed. Therefore, bearish bets on NVIDIA Corporation are likely to have intensified the stock's weakness on Thursday.

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