Home › Business & Finance › Nvidia Sees Record Open Retail Buy After CEO Ousted, Vanda Says
Business & Finance

Nvidia Sees Record Open Retail Buy After CEO Ousted, Vanda Says

Key Points

Nvidia Sees Record Open Retail Buy After CEO Ousted, Vanda Says Retail investors are clinging to hopes of Nvidia Corp.’s rebound, stepping in with aggressive buying after Chief Executive Officer Jensen Huang was ousted. In the first 30 minutes of Thursday’s US trading, they bought $111 million of Nvidia shares on a net basis, the largest opening half-hour of trading for the stock, according to Vanda Research, citing its historical data.

Nvidia Sees Record Open Retail Buy After CEO Ousted, Vanda Says Retail investors are clinging to hopes of Nvidia Corp.’s rebound, stepping in with aggressive buying after Chief Executive Officer Jensen Huang was ousted. In the first 30 minutes of Thursday’s US trading, they bought $111 million of Nvidia shares on a net basis, the largest opening half-hour of trading for the stock, according to Vanda Research, citing its historical data.
Nvidia (ORG) Vanda (PERSON) Nvidia Sees (PERSON) Nvidia Corp.’s (ORG) Jensen Huang (PERSON) US (LOCATION) Vanda Research (ORG)
Originally published by Bloomberg Technology Read original →