Caleb Franzen: Nvidia falls 33% from October 2026 record, largest drop since September 2022

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Daria Chernytska

12.11.2026

Caleb Franzen: Nvidia falls 33% from October 2026 record, largest drop since September 2022 — Nvidia drops 33% from 2026 high

Nvidia shares have dropped 33.2% from their all-time high reached on October 6, 2026, following after-hours price action.

Caleb Franzen highlighted that this is the largest and fastest correction in Nvidia stock since September 2022, when the stock fell 34% in the same number of trading days and was trading at $12.56 at that time.

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Caleb Franzen previously called attention to major stock declines, noting that Opendoor shares dropped 87.8 percent since their IPO. He also reported a bearish engulfing candle in the S&P 500, with tech and growth stocks lagging behind their cap-weighted peers. These observations provide context for recent volatility in large-cap technology names.

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