Nvidia shares fall over 5% after CEO Jensen Huang resigned, per the report
FROM THE WIRE · BENZINGA.COM
Nvidia Corp. (NASDAQ:NVDA) shares fell more than 5% Thursday after CEO Jensen Huang resigned from the company, but one Wall Street bull says the chipmaker's valuation has become hard to ignore: Nvidia could be cheaper than investors realize, even compared with slower-growing…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA CEO resignation at a mega-cap chipmaker can move the stock and the sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nvidia shares fell more than 5% on Thursday.
- 02The text reports that CEO Jensen Huang resigned from the company.
- 03One Wall Street analyst argues the valuation has become hard to ignore.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets