Learn English: Nvidia's Stock Plunges, CEO Loses Billions (hard)

3 months, 3 weeks ago

Nvidia's Stock Plunges, CEO Loses Billions

Nvidia's stock experienced a dramatic drop on Tuesday, resulting in the company's worst single-day performance ever.

The decline wiped out a staggering $279 billion in market value, marking the largest one-day loss in U.S. history.

Nvidia's CEO, Jensen Huang, who is also the company's largest individual shareholder, saw his personal wealth decrease by a staggering $10 billion.

The stock's decline was attributed to a report of an antitrust investigation by the Department of Justice, raising concerns about Nvidia's future market dominance.

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Original: Entrepreneur

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#Nvidia #stock market #technology #antitrust #Jensen Huang

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