Nvidia Stock Falls Below $165 After Its CEO Resigns: Is It a Bargain Buy?
Nvidia's stock fell to $165 following co-founder Jensen Huang's resignation as CEO due to personal conduct issues. The company appointed CFO Colette Kress as interim CEO while searching for a permanent replacement. Despite the 33% drop from its all-time high, Nvidia's business fundamentals remain strong with 106% revenue growth and $96.2 billion in Q2 revenue. The author suggests waiting for the November 17 earnings report before deciding whether the stock is a bargain.


