Story
BUSINESS · NOV 13, 2026
Nvidia Market Value Drops $620 Billion After CEO Ouster
Nvidia shares suffered their worst weekly performance in 18 months after the company ousted CEO Jensen Huang, erasing over $620 billion in market value.
Nvidia Inc. shares experienced their steepest weekly decline since April 2025, erasing more than $620 billion in market value following the ouster of CEO Jensen Huang. The stock fell as much as 4.7% on Friday, contributing to a total weekly loss of approximately 14%.
This downturn marks the company's worst weekly performance in over 18 months. The last comparable decline occurred in April 2025, when global equities were impacted by a broad set of tariffs introduced by President Donald Trump.
Reported across 2 outlets
Actors
Nvidia Inc.Jensen Huang
