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Short-seller Andrew Left targets trader favorite Nvidia before earnings

Key Points
  • Citron Research's Andrew Left tells CNBC's "Fast Money" he shorted Nvidia today ahead of its earnings report, adding "This stock has run way too far, too fast."
  • The company is one of the best performing stocks in the market. Its shares are up more than 50 percent year to date versus the S&P 500's 9 percent return.
Andrew Left, Citron Research
Michael Newberg | CNBC

Citron Research's Andrew Left tells CNBC's "Fast Money" he shorted Nvidia ahead of its earnings report tonight, adding "This stock has run way too far, too fast."

The short-seller added he also bought some call options for insurance in case he is incorrect on his bearish view.

Nvidia will report fiscal second-quarter results after the market close.

This wasn't the first time Left expressed a negative view on Nvidia shares. He predicted last December that the stock would decline to $90 and tweeted about the graphics chip maker in June.

Nvidia did not immediately respond to a request for comment.

The company is one of the best performing stocks in the market. Its shares are up more than 50 percent year to date versus the S&P 500's 9 percent return.