NVDA Stock Falls Nearly 10% as Jensen Huang Resigns as Nvidia CEO
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Key insights NVDA stock fell 10.55% premarket to $155.40 after Huang’s resignation. Colette Kress became interim Nvidia CEO while remaining its CFO and executive vice president. The chipmaker named Harvey C. Jones, board chair, began a permanent Nvidia CEO search. NVDA stock fell 10.55% in premarket trading after Nvidia announced Jensen Huang’s immediate resignation. He left his roles as Nvidia CEO, president, and board member, ending a 33-year tenure at the chipmaker he co-founded. Nvidia named CFO Colette Kress interim CEO and Harvey C. Jones board chair. NVDA Stock Falls 10.55% Before the Opening Bell The announcement followed a steep decline in Nvidia stock after regular trading. Shares closed at $173.73 on November 11, after opening at $172.80. During the session, NVDA stock reached $177.54 and fell to $170.77.
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