Nvidia falls on the stock market after Jensen Huang's resignation as CEO
Nvidia shares fell at the Nasdaq open after the company confirmed Jensen Huang's resignation as chairman and chief executive with immediate effect. The stock dropped more than 13% before paring losses to around 6%. From its 243-dollar peak on October 6, the decline is about 35% and the company has lost close to two trillion dollars in market value, down to 3.68 trillion. Chief financial officer Colette Kress takes over on an interim basis.
In 35 seconds
- Nvidia confirmed Jensen Huang's resignation as chairman and chief executive with immediate effect.
- Shares fell more than 13% at the Nasdaq open and later pared losses to around 6%.
- Since the 243-dollar peak on October 6, the stock has fallen about 35%.
Read the full story at EL PAÍS
IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.