Nvidia shares plummeted 14% at the opening bell. This is the lowest level in more than a year.
Meanwhile, the Nasdaq 100 index fell by only 1%
Stocks are falling due to the crisis at Nvidia / Photo: X / NYSE
Nvidia shares fell 14% at the very start of trading on November 12—following the resignation of CEO Jensen Huang. The stock hit a low of $148.8—its lowest price since June 2025. In the minutes that followed, the stock’s decline slowed slightly, and it was down about 9%.
The Nasdaq 100 Index, which consists of the largest technology companies, initially fell by 1.5%, but the decline then slowed to about 0.6%. At the time of this writing, the S&P 500 was down 0.3%, and the Nasdaq Composite was down 0.5%. The Dow Jones Industrial Average showed virtually no change.
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This article was AI-translated and verified by a human editor
