#NVDAUS Nvidia plunged 8%-9% after hours! It had just risen nearly 3% during the day, closing at 173.73. I thought it might claw back some losses, but a string of bombshells sent the market crashing:
The New York Times dropped a bombshell: Jensen Huang was reportedly having an affair with Kimberly Powell, a vice president in the healthcare business. When a reporter called to ask him about it, Huang said, “You shouldn’t come directly to me,” and hung up. The company officially declined to comment.
The Wall Street Journal piled on: Rumor has it the board is preparing to force him out, and could meet as soon as today.
Just when we thought the losses might be clawed back, the bad news hit full force. The after-hours action is absolutely wild…
The New York Times dropped a bombshell: Jensen Huang was reportedly having an affair with Kimberly Powell, a vice president in the healthcare business. When a reporter called to ask him about it, Huang said, “You shouldn’t come directly to me,” and hung up. The company officially declined to comment.
The Wall Street Journal piled on: Rumor has it the board is preparing to force him out, and could meet as soon as today.
Just when we thought the losses might be clawed back, the bad news hit full force. The after-hours action is absolutely wild…