Nvidia Corporation stock falls 13% in five days amid Jensen Huang controversy: Which equity mutual funds are exposed?
Nvidia Corporation’s stock has fallen 13.19% over the last five days amid the controversy surrounding its CEO Jensen Huang, raising concerns for Indian mutual fund investors whose schemes hold the US-based chipmaker’s shares.
According to Yahoo Finance data, Nvidia (NVDA) closed at $173.73, up 2.92%, on 11 November (at 4 PM EST). However, the stock is falling to around $161 in overnight trading, down 7.31%, following reports that Nvidia’s board was preparing to meet to decide Huang’s future.
