Tech · Market move
Nvidia Falls on Report Its Board May Replace Jensen Huang
Nvidia shares fell before the open after a report that the board is preparing to replace its chief executive.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- The Wall Street Journal reported on Wednesday evening that Nvidia’s board is preparing to replace Jensen Huang.
- Shares fell between about 5.5% and 8% before the open, depending on the source.
Nvidia shares dropped in pre-market trading on Thursday, Stock Titan reported, after the Journal’s report on the company’s leadership. The stock is down about a third from its record close of $239.24 on 6 October.
Investors are now watching for news on the company’s leadership and for its earnings on 17 November.
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