Quote post: @unusual_whales on Nvidia's board preparing to oust Jensen Huang
Nvidia's board said Sunday it had no reason to believe secrets were compromised. Three days later the WSJ says it is preparing to oust Jensen Huang and the stock fell about 8% after hours. I think the bigger risk is no public succession plan after 33 years. Not financial advice
https://x.com/unusual_whales/status/2120667560136040617
Sources: StockAnalysis: NVDA fell 8.2% after hours on WSJ report; board said Sunday it had no reason to believe secrets were comp · Japan Times (Bloomberg): shares dropped 8% after hours to $159.95 after a $173.73 close; crisis exposed lack of successi · Herald Business: board reversed course three days after its Sunday statement; Huang has led Nvidia 33 years since 1993 · MarketWatch: Nvidia shares down more than 7% in extended trading after WSJ report
Not financial advice. For informational and educational purposes only.