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More CEO news comes out! How low could the Nvidia share price go?

More CEO news comes out! How low could the Nvidia share price go?

The Nvidia (NASDAQ:NVDA) share price is down another 7% today (12 November) in pre-market trading. This comes as fresh reports have surfaced about CEO Jensen Huang being involved in another relationship outside of his marriage. Earlier this week, I wrote about my short-term worries for the stock, and with these new allegations, things are unlikely to get better soon.

A leadership problem

Nvidia’s board has gathered to meet regarding the future of Huang. This doesn’t bode well, and I think there’s a strong likelihood that he doesn’t remain in charge. It’s this thought that I believe is driving the stock lower today. Earlier this week, his departure was a risk, but it has now got a lot bigger due to the fresh…

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