Nvidia’s Soaring Stock Price Sparks FOMO In Broader Market, Warns Evercore’s Julian Emanuel: ‘Time To Think More About Risk Than Reward’

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Benzinga

The remarkable surge in NVIDIA Corp (NASDAQ:NVDA) stock price is causing a widespread fear of missing out (FOMO) in the market, according to Evercore ISI‘s Julian Emanuel. This has led to concerns about a potential market correction. What Happened: Emanuel, the senior managing director at Evercore ISI, has observed a growing FOMO sentiment among his clients, particularly those who experienced the dot-com boom and bust. This is a cause for concern, as reported by CNBC on Monday. He pointed out that this is the first time such a sentiment has been observed since 2021, raising an “alarm bell.” In…

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