Previously, NVIDIA continued to hit new highs, mainly due to multiple positive factors: strong performance, bullish views from analysts, stock split, and passive funds from ETFs about to flow in.
Currently, the market is concerned that NVIDIA's gains have been too large, as it has experienced a continuous decline for 3 trading days, with a cumulative drop of over 13.5%.
During after-hours trading, NVIDIA rebounded after an initial drop in the morning, but is currently down by 2.6%, indicating that tonight's market may experience repeated fluctuations.
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Some industry insiders have indicated that the long downward shadow on June 20, combined with the excessive short-term gains, paints a pessimistic short-term outlook for NVIDIA, with a large number of profit-taking exits. However, at the same time, NVIDIA's performance has a strong level of certainty and fundamental support. Since 2024, every price adjustment has rebounded.
Other Chinese concept stocks that are leading the decline in after-hours trading include FFIE, Bilibili, Li Auto, and others:
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Leading gainers include Trump concept stock DJT, as well as some blockchain concept stocks:
<img src="https://pub.pbkrs.com/cms/2024/0/hc4NjCsyhVHifuFoQfzPCFiamhGzT3Pf.jpg?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/cms/2024/0/hc4NjCsyhVHifuFoQfzPCFiamhGzT3Pf.jpg"/>
What is after-hours trading?
The emergence of after-hours trading allows trading in the U.S. stock market to take place 24 hours a day, better aligning with the working hours of people in the East.
Investors can trade U.S. stocks in a timely manner based on the market conditions in the Asia-Pacific region and sudden events in Hong Kong and the U.S., without having to wait for the U.S. market to open in the evening.
The after-hours trading session for U.S. stocks is from 8:00 p.m. to 3:50 a.m. Eastern Time from Sunday to Thursday, with after-hours trading, pre-market trading, intraday trading, and post-market trading together forming the 24-hour trading of U.S. stocks.
Risk Warning
The trading volume during after-hours trading is generally much smaller than during regular trading hours, and usually smaller than post-market and pre-market trading. Please be aware of slippage risks. In addition, there is significant volatility risk around major events such as the release of financial reports by listed companies

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NVIDIA has experienced three consecutive days of significant declines, with a total drop of over 13.5%. In after-hours trading, the stock initially plunged in the morning before rebounding, but is currently down by 2.6%, indicating potential volatile market conditions tonight

The article highlights the recent performance of NVIDIA, which has seen a significant increase in stock price due to positive factors such as strong financial performance, analyst recommendations, stock split, and expected passive fund inflows. However, concerns have arisen in the market regarding the stock's large gains, leading to a 13.5% decline over three consecutive trading days. Despite a rebound in pre-market trading, NVIDIA continues to drop by 2.6%, indicating potential volatility in the upcoming session. Analysts suggest that the short-term outlook for NVIDIA is pessimistic due to profit-taking and a significant drop on June 20. Nevertheless, the company's strong fundamentals provide support, historically rebounding after price corrections since 2024. Other Chinese concept stocks like FFIE, Bilibili, and Li Auto are also experiencing declines in after-hours trading. The introduction of night trading in the U.S. stock market allows for 24-hour trading, catering to investors in the Asia-Pacific region and enabling timely reactions to unexpected events. Night trading, along with pre-market, intraday, and after-hours trading, forms the 24-hour trading cycle. Investors should be cautious of lower trading volumes and increased volatility during night trading, especially around major events like earnings releases.

NVIDIA plunges again in the night market, is tonight destined to be extraordinary?