NVIDIA CORP shares fell 25% on Wednesday after Baird issued a downgrade and MORGAN STANLEY dropped the stock from its Top Pick list. The selloff erased $427 billion in market value over two sessions amid mounting scrutiny over CEO Jensen Huang.
Baird downgrades Nvidia amid CEO controversy
Baird downgraded Nvidia and Morgan Stanley removed the stock from its top picks as an investigation into CEO Jensen Huang creates uncertainty. The controversy has erased billions in market value and added pressure on the chipmaker.
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