Nvidia lost $600 billion in capitalization after Huang's resignation, but they quickly began to buy the traction.
At the start of the main session on the Nasdaq, Nvidia shares fell 14.35% to a low of $148.8. The company's value fell below $4 trillion.
But soon the stock began to equalize its losses. By 18:42 Moscow time, the drop in rates slowed to 5.2%, the securities traded at $164.7.
The market is reacting to the news that the company's president and CEO Jensen Huang has left both positions and also resigned from the board. This happened after reports of two of his affairs - with the head of the Singapore company Mega Speed Alice Huang, who is suspected of collaborating with Chinese intelligence, and with Nvidia's vice president of health Kimberly Powell.
Nvidia will now be led on an interim basis by the company's vice president and chief financial officer, Colette Kress. She will lead Nvidia until a permanent successor is appointed. Kress will also continue to serve as Vice President and Chief Financial Officer.
Read more Nvidia's value fell 14% due to Huang's resignation and fell below $4 trillion.
Data: TradingView (top - share price, bottom - discount).