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Nvidia shares drop after CEO Jensen Huang resigns, raising structural risks despite attractive valuation.

Market News
12 Nov 2026, 23:46 WIB
Seeking Alpha
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Bearish
Nvidia shares drop after CEO Jensen Huang resigns, raising structural risks despite attractive valuation.

Nvidia Corporation's CEO Jensen Huang has suddenly resigned, causing a significant drop in the company's share price and valuation. Although Nvidia's forward price-to-earnings ratio looks attractive at 18x and is expected to compress to 11x by fiscal year 2028, the resignation introduces unresolved risks that caution against buying the stock at its current low. Drawing parallels with Intel's 2018 CEO transition, prolonged uncertainty is expected before Nvidia's share price can recover, despite its strong market position and financial health.

Nvidia's market cap stands at $4.20 trillion as of Nov 13, 2026, with a daily trading volume of 281,514,030 shares on Pluang. The stock price is currently $167.40, down 3.64% in the last day, reflecting some investor caution following the CEO resignation. Despite this, Pluang users show strong buying interest with 84% of order activity favoring purchases as of Nov 13, 2026, 04:52 WIB.

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