What Happens to Nvidia Stock if Jensen Huang Is Fired? History Has a Warning
Nvidia (NVDA) has had one CEO in 33 years, and its board is reportedly preparing to remove him. Shares were down 7.80% in overnight trading early Thursday, according to Yahoo Finance, as investors weighed a future without Jensen Huang. Some analysts see a 20% drop if he leaves with no clear successor. Earlier cases suggest The post What Happens to Nvidia Stock if Jensen Huang Is Fired? History Has a Warning appeared first on BeInCrypto.
Key Takeaways
- Nvidia (NVDA) has had one CEO in 33 years, and its board is reportedly preparing to remove him.
- Shares were down 7.80% in overnight trading early Thursday, according to Yahoo Finance, as investors weighed a future without Jensen Huang.
- Some analysts see a 20% drop if he leaves with no clear successor.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Cooler US PPI Catches a $52 Million Bitcoin Bear Off Guard
US PPI data showed producer prices rising less than expected in October, and Bitcoin (BTC) jumped within minutes. The move caught bearish traders off guard, wiping out about $39 million in short bets within an hour, CoinGlass data shows. One trader who bet…
‘Roadmap is Complete,' Cardano Founder Charles Hoskinson Says
Cardano's ADA token is down almost 95% from its all-time high, and investors don't seem to be happy that the roadmap is complete.
From $6 to $6.9 million: Two dormant Bitcoin addresses wake up to move 100 BTC after more than 16 years
Two Bitcoin whale addresses moved 100 BTC worth $6.89 million after more than 16 years of dormancy on Friday.