Nvidia Shares Slide More Than 8% After Hours on WSJ Report
A Wall Street Journal report that Nvidia is preparing to oust CEO Jensen Huang sent shares down more than 8% after hours. Pepperstone's Chris Weston questioned whether the company can maintain its growth trajectory under new leadership.
Story updates
01:49:10 AM UTC
SquawkNews
By Gregor Stuart HunterGlobal stocks wobbled at the start of Asian trade on Thursday, while Nvidia NASDAQ:NVDA shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.Nvidia's board is meeting late Wednesday to decide whether to oust Huang, a source familiar…
A WSJ report stating that Nvidia is preparing to oust CEO Jensen Huang has sent the stock sliding over 8% after hours. For investors, the key question is whether the company can maintain its exceptional growth trajectory under new leadership, says Pepperstone's Chris Weston. "Nvidia still has some…