Nvidia Corp. (NVDA) took the sharpest drop Monday among local stocks tracked by The Examiner, falling more than 6.6 percent as of the close of the markets. It was followed by San Francisco-based Salesforce.com (CRM), which fell more than 5.2 percent.
The markets were down overall, with the Dow Jones and Nasdaq both down by more than 1.6 percent, and the S&P 500 down by more than 1.7 percent.
Companies in the news included San Jose-baesd Ebay Inc. (EBAY), where Ebay Marketplaces NA President William Cobb reported he exercised options for 5,000 shares of company stock, according to the Associated Press. San Francisco’s Gap Inc. (GPS) is also expected to report earnings before the opening of the markets Wednesday.