Nvidia’s shares fell 14% after the November 12, 2026 announcement of the resignation of co-founder and CEO Jensen Huang. Colette Kress is serving as interim CEO, but the leadership transition has raised governance concerns. The company’s market capitalization has fallen below $4 trillion, while its earnings multiple has reached its lowest level in more than seven years. The market now assigns a greater probability to the stock closing below $140 by the end of November. The quarterly report scheduled for November 17, a permanent CEO appointment and potential changes to US export policies toward China are the main factors investors will monitor.
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