$NVDA fell 9.56% over the two sessions after the CEO news broke. It closed at $186.64 on Nov 6 and $168.79 on Nov 10 (daily closes, US trading sessions, split/dividend-adjusted).
The Nov 11 session had not closed at the time of the data.
| Date | Close | Price action Day change | Volume (shares) |
| Nov 2 | $202.06 | – | 119.5M |
| Nov 5 | $181.60 | -9.26% | 307.8M |
| Nov 6 | $186.64 | +2.78% | 180.2M |
| Nov 9 | $178.67 462.6M |
| | -4.27%
| Nov 10 | $168.79 | -5.53% | 377.1M |
Nov 2 to Nov 10 is -16.47% in total.
The Nov 5 drop of about 9% came before the Nov 8 announcement.
What happened (reported, partly unproven)
Board review: On Nov 8, Nvidia's board opened an independent investigation into reports that Jensen Huang was intelligence effort. The board said it has "no reason to believe" targeted by a foreign national security or company secrets were compromised, and it reaffirmed its confidence in him.
Huang's statement: Huang admitted marital infidelity in an employee email and said he would cooperate with the review. Trump said Huang told him he did not know the woman was a suspected spy, and said the FBI was looking into it.
The allegations: Media reports link him to a former executive at a Nvidia customer, who is allegedly suspected by US officials of intelligence ties. These are allegations, not findings.
Shareholder lawsuit: A proposed class action was filed on Nov 9 accusing Nvidia and Huang of misleading investors. Its claims are unproven.
Analyst views: Dan Ives expects congressional inquiries and a stock "overhang". Gary Black doubts Huang can remain CEO and points to succession uncertainty.
These are opinions, not facts.
Not financial advice.
Data is informational only and doesn't guarantee future performance. DYOR.
#MarketUpdate
The Nov 11 session had not closed at the time of the data.
| Date | Close | Price action Day change | Volume (shares) |
| Nov 2 | $202.06 | – | 119.5M |
| Nov 5 | $181.60 | -9.26% | 307.8M |
| Nov 6 | $186.64 | +2.78% | 180.2M |
| Nov 9 | $178.67 462.6M |
| | -4.27%
| Nov 10 | $168.79 | -5.53% | 377.1M |
Nov 2 to Nov 10 is -16.47% in total.
The Nov 5 drop of about 9% came before the Nov 8 announcement.
What happened (reported, partly unproven)
Board review: On Nov 8, Nvidia's board opened an independent investigation into reports that Jensen Huang was intelligence effort. The board said it has "no reason to believe" targeted by a foreign national security or company secrets were compromised, and it reaffirmed its confidence in him.
Huang's statement: Huang admitted marital infidelity in an employee email and said he would cooperate with the review. Trump said Huang told him he did not know the woman was a suspected spy, and said the FBI was looking into it.
The allegations: Media reports link him to a former executive at a Nvidia customer, who is allegedly suspected by US officials of intelligence ties. These are allegations, not findings.
Shareholder lawsuit: A proposed class action was filed on Nov 9 accusing Nvidia and Huang of misleading investors. Its claims are unproven.
Analyst views: Dan Ives expects congressional inquiries and a stock "overhang". Gary Black doubts Huang can remain CEO and points to succession uncertainty.
These are opinions, not facts.
Not financial advice.
Data is informational only and doesn't guarantee future performance. DYOR.
#MarketUpdate