Nvidia co-founder Jensen Huang resigned as the company’s president and CEO, the company announced Thursday. Shares fell more than 5% in the afternoon and now sit 31% below their October 6 high. Investors are concerned about the lack of an obvious successor and the broader risks associated with Huang’s departure. Some market professionals see the decline as an opportunity to buy Nvidia shares, while others recommend reassessing the company’s outlook, the position of the stock in the portfolio and the potential long-term effects of the leadership change.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
