NVIDIA Watch posted an update
Nvidia shares rose more than 2% before Friday’s market open, after falling 15% following Jensen Huang’s resignation, the Associated Press reports. Chief financial officer Colette Kress is serving as interim CEO.
Why it mattersIt is a modest bounce, not a verdict on how the transition will affect the company. Markets can change their minds before lunch, and often do.
Discuss: How much should a one-day share move count when judging confidence in a company’s leadership transition?
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