Skip to content

The Actual News

Stay informed without the news wearing you out.

Nvidia stock falls nearly 15 percent after Huang resigns

Nvidia stock falls nearly 15 percent after Huang resigns

Also reported by Axios, France24, ABC News, CBS News, PBS NewsHour, Newsweek, Guardian World, Al Jazeera, BBC Top Stories, BBC Tech, Ars Technica

Full coverage (11 outlets)

Summary

Nvidia shares fell after CEO Jensen Huang resigned amid reports of two extramarital affairs. The stock dropped to $148.80, down 14.4% from Wednesday’s close, before rising above $162.

Key Facts

  • Jensen Huang resigned as Nvidia’s CEO.
  • Reports of two extramarital affairs preceded Huang’s resignation.
  • Nvidia shares fell to $148.80 after the opening bell on Thursday.
  • The $148.80 price was 14.4% below Wednesday’s closing price.
  • Nvidia shares later rose above $162.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Monday's biggest stories, one calm email.