“Nvidia CEO Continues to Sell Shares. Should Investors Follow Suit?”
July 24, 2024
“Nvidia (NASDAQ: NVDA) CEO Jen-Hsun Huang has been selling shares of his company’s stock over the past two months, including 840,000 shares last week worth $59.3 million. The CEO has taken advantage of the stock’s huge rise in share price, which has more than doubled this year and is up an astronomical 2,700% over the past five years…”
https://finance.yahoo.com/news/nvidia-ceo-continues-sell-shares-082500333.html
Maybe he knows something we don’t? What I do know is Nvidia has a problem. That problem is hedge-funds using Nvidia as leverage to suppress meme stocks. When hedge-funds are margin called and forced to cover AMC / GME shares this should cause a correct in Nvidia stock in my opinion.