Nvidia Stock Rebounds

Benzinga - News
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Nov 11, 2026
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NVIDIA shares rose 5.3% in pre-market trading Wednesday
after falling 4.3% Monday and 5.47% Tuesday, according to CNBC.
The sell-off earlier this week came amid a scandal
involving CEO Jensen Huang's affair with an alleged Chinese spy.
NVIDIA announced Tuesday it hired law firm Wachtell,
Lipton, Rosen & Katz to investigate
whether company secrets or national security were compromised.
CEO Jensen Huang maintained a
business-as-usual appearance,
returning to the office Monday and conducting meetings Tuesday
ahead of the company's November 17 earnings report.
Bank of America outlined three potential
scenarios, ranging from contained fallout to leadership disruption
and tighter restrictions.
Zach's strategist, John Blank, cited concerns about further
U.S. restrictions and additional revelations.
Morgan Stanley removed NVIDIA from its top picks Wednesday,
after shares declined more than 25% since October 2nd.
Analysts emphasized Huang's importance
to the company's strategic direction.
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