Explained: Why Nvidia shares dropped 4% in overnight trade and what analysts warn can trigger a bloodbath?
Nvidia shares fell more than 4% in overnight trading on Monday after CEO Jensen Huang acknowledged having a close relationship with a business executive reportedly alleged by US…
Attributed summary
Nvidia shares fell more than 4% in overnight trading on Monday after CEO Jensen Huang acknowledged having a close relationship with a business executive reportedly alleged by US intelligence to be a Chinese spy. The reports have prompted the company to launch an investigation.Nvidia shares dropped to $178 apiece overnight. This came after Huang in a message to company employees released on Sunday acknowledged having an affair and apologised to…
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