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Markets

Here’s how Jensen Huang’s affair could ‘pump’ Nvidia stock

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The latest alleged Nvidia (NASDAQ: NVDA ) honeytrap scandal is already having an adverse impact on the stock by press time on the morning of Monday, November 9. Specifically, NVDA shares dropped 4.30% from their latest close at $186.64 in the extended session and are changing hands at $178.61 following the revelation that CEO Jensen Huang cheated on his wife with a suspected Chinese spy. The move has, perhaps surprisingly, led many traders and other online observers to examine the rich history of big tech CEOs being unfaithful to their spouses and the long-term stock market performance of the companies following such scandals.

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