Nvidia shares fall 7.74% after report that board is discussing possible removal of Jensen Huang
Nvidia shares were falling 7.74% in Thursday's overnight trading to US$160.28, after closing the regular session up 2.92% at US$173.73. Futures were down 6.65%. The decline comes after The Wall Street Journal reported that the board of directors has been discussing since Wednesday night the possible removal of Jensen Huang, co-founder and CEO, over the scandal surrounding him. The company had lost about US$430 billion in market capitalization after the controversy became known.
In 35 seconds
- Nvidia shares were losing US$13.45 in after-hours trading, down to US$160.28.
- The company's futures were falling 6.65% around 06:20 New York time.
- According to The Wall Street Journal, the board has been discussing since Wednesday night the possible removal of Jensen Huang.
IASummary generated by artificial intelligence from a story by BioBioChile. It may contain errors: the original source prevails.




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