Recursion Pharmaceuticals (RXRX) shares fell 13% in premarket trading on Wednesday, while Applied Digital (APLD) dropped 7.1% after chip giant Nvidia (NVDA) disclosed in its latest 13F filing that it had exited its equity stakes in both companies.
Nvidia’s previous filing had disclosed a 7,716,050-share position in Applied Digital (APLD) valued at approximately $177 million.
Nvidia filed its 13F for the quarter ended Dec. 31 on Tuesday after-market.
Intel (INTC), Synopsys (SNPS), CoreWeave (CRWV), and Nokia (NOK) were among Nvidia’s largest holdings as of the previous quarter.