From Reuters: 2024-08-07 15:06:25

Nvidia CEO Jensen Huang sold $360 million in stock before a recent decline, avoiding financial losses. The company’s shares dropped nearly 20% following disappointing revenue forecasts. Huang’s timely sale likely saved him from significant losses as Nvidia faced challenges in its gaming and data center businesses. This move raised eyebrows among investors and analysts.



Read more at Reuters: Nvidia’s Jensen Huang didn’t get hurt in the selloff—he sold $360 million in stock before it declined – Fortune