Nvidia (NVDA) stock closed at $181.36 on November 18, 2025, down 2.81% from the previous session, as investors positioned ahead of the company’s Q3 FY2026 earnings report scheduled for release after the market close on November 19, 2025. The decline follows a broader trend of volatility in the stock over the past week, with options markets implying a 7-8% swing on earnings. No other major company-specific news or announcements were reported on November 18, 2025. The price movement appears driven primarily by anticipation of the earnings release and overall cautious market sentiment, with no significant economic data or external catalysts influencing the session.