Nvidia plunges over 13% after Jensen Huang's resignation; Nasdaq leads Wall Street losses
New Delhi, Nov. 12 -- US stock futures opened lower on Thursday, with Nasdaq futures declining over 1.16 per cent and Nvidia shares plunging more than 13 per cent following the sudden resignation of the chipmaker's Chief Executive Officer Jensen Huang, weighing on sentiment ahead of Wall Street's trading session.
According to the latest market data, Nasdaq futures declined 1.16 per cent, to 25,171.43, while S&P 500 futures slipped 0.69 per cent, to 7,566.86. Dow Jones futures were down 0.02 per cent, at 52,477.28.
Meanwhile, Nvidia shares fell 13.09 per cent, to USD 150.99, reflecting sharp selling pressure following the company's announcement of a major leadership transition.
In a statement dated November 12, Nvidia announced that Jen...
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