Premium"The Biggest Opening Bid We Have Ever Recorded In NVDA": Retail Greets Jensen's Exit By Buying 41x More Nvidia Than Normal
Wall Street spent the night working out what Nvidia is worth without Jensen Huang. Retail needed about 30 minutes.
Just hours after Nvidia announced that its co-founder and only CEO in 33 years had resigned, effective immediately, and with 14 sellside desks busy cutting ratings and price targets, the stock opened down about 12% before clawing back roughly half of that by mid-morning. Somebody was clearly buying, and according to the retail flow gurus at Vanda Research, we now know who.