Nvidia Shares Stabilize Following CEO Jensen Huang's Resignation
Nvidia (NVDA) shares saw modest gains of 0.7% in premarket trading following a volatile session where the stock dropped sharply before closing down 4%. The market volatility follows the sudden resignation of CEO Jensen Huang on Thursday. Huang's departure comes amid reports from The New York Times and Reuters regarding personal misconduct, including alleged romantic relationships with an Nvidia executive and another unnamed employee. Additionally, the board had previously investigated Huang concerning a relationship with a businesswoman linked to Chinese intelligence concerns.
Tickers: $NVDA
Topics: CEO Resignation Corporate Scandal Jensen Huang Nvidia