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Nvidia's stock tumbles toward worst six-day stretch in over 9 years


Shares of Nvidia Corp. NVDA, -4.30% slumped 4.0% in afternoon trade, putting them on track of a sixth-straight loss, amid a broad selloff in the chip and broader technology sectors. The stock has lost 17.7% during its losing streak, putting it in danger of suffering the worst six-session stretch since it tumbled 18.6% in the six days ending May 15, 2009. Nvidia shares have now shed 18.5% since it closed at a record $289.36 on Oct. 1. Meanwhile, the PHLX Semiconductor Index SOX, -1.03% dropped 1.0%, the SPDR Technology Select Sector ETF XLK, -1.27% lost 0.9% and the S&P 500 SPX, -2.06% slid 1.8%.