#loss
NVDA rose 2.87% on Wednesday to close at $173.73. But in after-hours trading it fell to $160.31, about 7.7% lower.
• The reason: a report of a second affair involving CEO Jensen Huang, and a WSJ report that the board is preparing to remove him.
• Baird downgraded the stock to Neutral.
• The stock is down about 14% in November, with roughly $700 billion in market value lost.
• Quarterly results are due next week.
• Reference levels: downside around $160, upside resistance around $173–174.
• Risk: if the news turns, a fast rebound is possible too.
#nvidia #Bianace #bitcoin
NVDA rose 2.87% on Wednesday to close at $173.73. But in after-hours trading it fell to $160.31, about 7.7% lower.
• The reason: a report of a second affair involving CEO Jensen Huang, and a WSJ report that the board is preparing to remove him.
• Baird downgraded the stock to Neutral.
• The stock is down about 14% in November, with roughly $700 billion in market value lost.
• Quarterly results are due next week.
• Reference levels: downside around $160, upside resistance around $173–174.
• Risk: if the news turns, a fast rebound is possible too.
#nvidia #Bianace #bitcoin
