Market sold first, then recovered
NVIDIA shares dropped to as low as $151 in pre-market trading after Jensen Huang's departure as CEO was announced. At the open, the stock climbed into the $163-166 range, recovering part of its losses.
What it means
The picture shows investors first reacted to the departure news with heavy selling, then reassessed the pricing. No lasting collapse followed the initial shock.
Background
Huang's exit came after a wave of scandal allegations around the company. The period also brought management changes, including an interim CEO, and pressure on the stock.
What to watch next
The market will focus on a permanent CEO appointment, the board's next steps and the company's AI chip shipment schedule. Whether the stock holds this range will be key to investor confidence.
