Nvidia: CEO Jensen Huang resigns as president, chief executive officer, and board member, effective immediately.
It was still up 2.87% at yesterday’s regular-session close, at $173.73, with 282 million shares traded. Looked rock-solid. Then came an after-hours announcement: Jensen Huang was resigning as president, CEO, and director, effective immediately. The stock plunged from $173 to $159, down at least 8% and at one point nearly 9%.
The board moved faster than anyone, putting CFO Colette Kress forward as a backup.
The prediction market’s odds of his removal briefly surged to 89%. The institutions had clearly already made up their minds.
Bernstein slashed its price target from $400 to $200—faster than a jerk blocking you after a breakup. #黄仁勋再被曝与下属婚外情，或遭董事会罢免
$NVDA $SOXL
It was still up 2.87% at yesterday’s regular-session close, at $173.73, with 282 million shares traded. Looked rock-solid. Then came an after-hours announcement: Jensen Huang was resigning as president, CEO, and director, effective immediately. The stock plunged from $173 to $159, down at least 8% and at one point nearly 9%.
The board moved faster than anyone, putting CFO Colette Kress forward as a backup.
The prediction market’s odds of his removal briefly surged to 89%. The institutions had clearly already made up their minds.
Bernstein slashed its price target from $400 to $200—faster than a jerk blocking you after a breakup. #黄仁勋再被曝与下属婚外情，或遭董事会罢免
$NVDA $SOXL
