Reported 8 months ago
On June 23, 2024, Nvidia's stock price fell for two consecutive days, closing at $126.57 on Friday. CEO Huang Renxun continued with his plan to sell shares, selling over $94.64 million worth of shares within a week. The company's market value dropped by $200 billion in two days, now ranking third globally behind Microsoft and Apple. Huang Renxun earned $94.64 million from selling 720,000 Nvidia shares, while CFO Colette Kress also sold 100,000 shares for $12.7 million. Huang's recent stock sales follow earlier profitable transactions.
Source: YAHOO