The most outrageous part isn’t that Nvidia fell—it’s that gossip about a CEO can wipe 8% off a $4 trillion company after hours.
Yesterday, it was still up 2.9% in regular trading, closing at $173.73. Then the New York Times reported a second relationship, and the Wall Street Journal said the board was preparing to replace him. After-hours trading sent the stock straight below $160. It’s still down around 6% in premarket trading today. I haven’t seen an official decision on what the board will do as I write this.
My take: This isn’t about earnings; it’s the market pricing in the risk of depending too heavily on a single founder. Until there’s an outcome, I won’t speculate on which way things will go. I’m just watching to see whether the stock can hold steady at the open tonight.
Do you think Nvidia has bottomed now that Huang is gone, or is it starting to slide?
$NVDA $AMD
#HuangJensenReportedlyHadAnotherAffairWithASubordinateAndCouldBeOustedByTheBoard #USStocks
Just my personal opinion, not a recommendation
Yesterday, it was still up 2.9% in regular trading, closing at $173.73. Then the New York Times reported a second relationship, and the Wall Street Journal said the board was preparing to replace him. After-hours trading sent the stock straight below $160. It’s still down around 6% in premarket trading today. I haven’t seen an official decision on what the board will do as I write this.
My take: This isn’t about earnings; it’s the market pricing in the risk of depending too heavily on a single founder. Until there’s an outcome, I won’t speculate on which way things will go. I’m just watching to see whether the stock can hold steady at the open tonight.
Do you think Nvidia has bottomed now that Huang is gone, or is it starting to slide?
$NVDA $AMD
#HuangJensenReportedlyHadAnotherAffairWithASubordinateAndCouldBeOustedByTheBoard #USStocks
Just my personal opinion, not a recommendation
