财经少华
财经少华|11月 12, 2026 13:56
The stock price initially fell as a sign of concern, with the market pricing in the "Jensen Huang risk." The capital market reacted directly to Jensen Huang's apology letter regarding his extramarital affair: a drop. On November 9th, Nvidia's stock price fell 4.3%, wiping out approximately $190 billion in market value in a single day, with overnight trading showing a drop of over 7%. However, to be fair, Nvidia's stock was already declining that week; the scandal added another blow to an already pressured stock price, rather than a separate drop from its high point. Two things are more noteworthy: First, a shareholder class-action lawsuit, with investors suing Nvidia and Jensen Huang for failing to adequately disclose relevant risks. Second, a betting market has emerged predicting whether Jensen Huang will resign before the end of the year, with a probability of about 16% for a "yes." This figure isn't high, but its very existence indicates that investors are starting to price in the scenario of "Jensen Huang leaving." In the short term, the board's public support for his continued tenure and the company's emphasis on normal operations have acted as a firewall. However, if the lawsuit drags on and the investigation uncovers issues beyond personal ethics, it's hard to say how long this wall can hold. The market can accept an apology letter, but it's unlikely to tolerate the unpredictable risks posed by a CEO in the long run.
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