What Happens to Nvidia Stock if Jensen Huang Is Fired? History Has a Warning
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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 larger risk comes afterward. Do Stocks Recover After a CEO Is Fired? Nvidia Faces the Test Intel and McDonald’s offer the closest comparison. Both CEOs left over consensual relationships with employees, a breach of company policy. Intel fell 2.4% on June 21, 2018, the day Brian Krzanich resigned. McDonald’s slipped 2.7% on November 4, 2019, the first session after it fired Steve Easterbrook. The two stocks then diverged over the following 12 months.
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