From The Economic Times · Reuters · · 1m
Retail buyers limit Nvidia stock rout
Retail investors reversed Nvidia's plunge after CEO Jensen Huang's exit.
In brief
Retail investors reversed Nvidia's plunge after CEO Jensen Huang's exit. Retail buyers limited Nvidia's stock drop to 5% despite CEO Jensen Huang's resignation. Originally reported by The Economic Times.
Nvidia stock drops after CEO resignation
Nvidia shares fell 5% Thursday following CEO Jensen Huang's resignation.
Retail investors buy Nvidia
Retail buyers flocked to Nvidia on Thursday with $111 million in first-half-hour flow.
Market value decline
Nvidia lost $550 billion market value this week amid selling concerns.
Retail order surge
Fidelity customers placed 394,818 buy orders for Nvidia versus 80,088 sell orders.
Analyst warnings
Baird Equity Research cut Nvidia target to $200 after slashing price by 60%.
AI growth concerns
2027 data center forecasts delayed due to supply issues and potential demand softening.
Next week's focus
Investors await Nvidia earnings call and Anthropic's upcoming IPO for market impact.
The big picture
Retail buyers limited Nvidia's stock drop to 5% despite CEO Jensen Huang's resignation.
