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Nvidia CEO scandal boosts short sellers as shares plunge amid governance and legal concerns.

Market News
15 Nov 2026, 03:25 WIB
New York Post
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Bearish
Nvidia CEO scandal boosts short sellers as shares plunge amid governance and legal concerns.

Nvidia's CEO Jensen Huang was ousted following revelations of his affair with a woman suspected to be a Chinese spy, exposing serious corporate governance issues and potential legal violations. This scandal has led to a sharp decline in Nvidia's stock price, validating the warnings previously raised by short sellers who had questioned the company's practices. The episode highlights the important role of short sellers in identifying risks that the market often overlooks during bullish phases. Nvidia now faces an existential crisis as further disclosures emerge, shaking investor confidence and raising questions about the company's future.

Nvidia's stock trades at USD 162.85 on Pluang as of Nov 15, 2026, 08:41 WIB, down 2.01% in one day. The company holds a market cap of $3.93 trillion and an enterprise value of $3.91 trillion. Despite recent turmoil, 83% of Pluang users currently buy Nvidia shares, with a typical hold time of 117 days.

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