The Economic Times

Why is Nvidia stock surging today after a two-day crash that wiped out $480 billion? Investors buy the dip as NVDA rebounds despite Jensen Huang controversy ahead of November 17 earnings

Nvidia stock is rebounding on Wednesday, November 11, as investors step in after two consecutive sessions of losses linked to the controversy surrounding CEO Jensen Huang. Shares closed Tuesday at $168.89, down 5.47%. But the stock recovered to $175.45 in extended-hours trading by 6:49 a.m. ET, gaining 3.88%. The recovery comes as Nvidia prepares to release its quarterly results on November 17.