Reported 2 months ago
Nvidia CEO Jensen Huang recently sold $296 million worth of his company's stock over 20 transactions in July, raising concerns among investors. However, these sales were primarily linked to restricted and performance stock units related to his compensation, rather than a lack of confidence in Nvidia. Despite the sharp pullback in stock price, experts believe Nvidia's fundamentals remain strong, and upcoming product launches could lead to renewed growth.
Source: YAHOO