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Nvidia Shares Plunge: CEO Jensen Huang Under Investigation Over Spy Allegations

The Motley Fool +1 · ·by G4L

NVDA NVIDIA Corp
$178.67 -4.27%
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  1. 1Nvidia is investigating allegations of an affair between CEO Jensen Huang and an individual suspected of being a Chinese spy.
  2. 2Nvidia shares fell 4.27%, recording a daily range of $170.24 - $179.92.
  3. 3The market is reflecting growth deceleration and uncertainty, and the stock price may fall below the 52-week Nvidia range of $164.27 - $243.37.

So what's the key point?

Nvidia is investigating allegations that its CEO had an inappropriate relationship with someone suspected of being a spy. Due to this, the stock price fell 4.27%, reflecting market uncertainty.

Source The Motley Fool +1 · View original ↗

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