Nvidia Shares Dropped 1% In Premarket As Bridgewater's Nvidia Position Decreased 65%
Tiger Newspress11-14
Nvidia shares dropped 1% in premarket as Bridgewater reduced position in it.
Bridgewater released its holdings report as of the end of the third quarter of this year. The report shows that as of the end of the third quarter, Bridgewater held 2.51 million shares of Nvidia, a decrease of 65.3% compared to 7.23 million shares at the end of the second quarter. It is worth noting that in the second quarter of this year, Bridgewater had increased its holdings of Nvidia by as much as 154.37%. This reduction in holdings indicates that Bridgewater has become more cautious about Nvidia's future performance.
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