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Nvidia 'Valuation Isn't Exactly Attractive,' Say ESG Fund Managers Despite Big Bets Last Year: '...Portends A Bubble, Potentially'
Thursday, March 7, 2024 - 1:10am | 666The surging stock of NVIDIA Corp (NASDAQ:NVDA) has sparked concerns about a potential bubble among ESG fund managers. The managers, who reaped significant gains from the stock, are now wary of its sustainability. What Happened: The proportion of ESG funds holding Nvidia shares dropped to 15% at the...