Nvidia (NVDA) Stock: $170 Friday After Jensen Huang Resigns…
By Tobi Opeyemi Amure
AI summary of the source article
Nvidia shares rebounded to $169.96 in premarket trading following the immediate resignation of CEO Jensen Huang. Chief Financial Officer Colette Kress was appointed interim CEO while an external firm assists in finding a permanent successor.
Why it matters
Several analysts told CNBC the departure "could cost Nvidia as much as 20 percent of its market value."
Key facts
- Jensen Huang resigned as Nvidia's CEO, president, and director, effective immediately.
- CFO Colette Kress was named interim CEO, and Harvey C. Jones became the company's first board chair.
- Nvidia shares fell to an intraday low of $148.80 on Thursday before closing at $166.19 and rising 2.3% in Friday premarket trading.
Source excerpt · FinanceFeeds
Updated 13 November 2026, before the US open. Nvidia (NVDA) was quoted at $169.96 in premarket trading at 6:52 a.m. ET on Friday, up 2.3 percent from Thursday's $166.19 close (CoinCentral, Finviz). Thursday was the first session after Jensen Huang resigned as chief executive; the stock fell as low as $148.80 before closing down 4.34 percent. Verdict: buyers are testing whether Thursday's low was t…