Nvidia Shares Slide 5.28% Amid CEO Scandal
Nvidia shares dropped during US trading hours, extending recent declines following reports regarding the company's chief executive officer.
Nvidia (NVDA) shares traded lower on Monday, falling 5.28% to $169.23 during the US market session. The stock opened at $174.65, moving within a day range of $169.07 to $174.65, down from its previous close of $178.67. Trading volume reached 144,052,281 shares. The current price sits near the lower end of the company's 52-week range of $164.27 to $243.37.
Key facts
Instant Telegram notifications for large on-chain moves.
- NVDA share price: $169.23, down 5.28%.
- Previous close: $178.67.
- Day range: $169.07 to $174.65.
- Volume: 144,052,281 shares.
- 52-week range: $164.27 to $243.37.
The downward movement extends a recent decline following media reports connecting the Nvidia CEO to an alleged Chinese spy linked to $7.5 billion in China chip shipments, alongside scrutiny over the CEO's personal conduct.
Source: bullishmarketcap.com
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
