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Major Moves Mean Major Gains for Large Caps

NVIDIA Corp (NASDAQ:NVDA) stock has more than quintupled in value since the beginning of 2023. Last Friday, however, the chipmaker got swept up in a selloff of artificial intelligence (AI) stocks, falling 10% in a single day, or about $212 billion in market capitalization. That’s bigger than companies such as Adobe (ADBE), Walt Disney (DIS), and McDonald’s (MCD).This week, I’m looking at some of the biggest one-day changes in market capitalization. I’ll show how the stocks performed going forward and if it ...