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Nvidia stock slides after company launches probe into Huang

Nvidia stock slides after company launches probe into Huang

Summary

Nvidia shares fell Monday after the company opened an investigation into CEO Jensen Huang’s reported affair with a woman whom U.S. intelligence officials believe is a Chinese spy. The stock opened 7.3% below Friday’s close and reached $170.24 during early trading, its lowest point in the period described in the article.

Key Facts

  • Nvidia opened an investigation into CEO Jensen Huang.
  • The investigation concerns a reported affair involving Huang and a woman U.S. intelligence officials believe is a Chinese spy.
  • Nvidia shares opened 7.3% below Friday’s closing price.
  • The shares fell to $170.24 during early-morning trading.
  • The article describes $170.24 as the stock’s lowest point in the period covered.
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