SignalTech/AI

Nvidia stock rebounds premarket as Morgan Stanley cut it from top picks

Nvidia rebounded premarket despite Morgan Stanley removing it from top picks.

Context

What happened: Nvidia stock closed down 5.47% on Tuesday amid a scandal over CEO Jensen Huang's affair. Morgan Stanley cut the stock from its top picks, and earnings are due on Nov. 17. Key numbers: 5.47% decline on Tuesday; earnings due Nov. 17. Why it matters: The stock rebounded premarket after the Morgan Stanley removal from top picks, as investors weigh the scandal and the upcoming earnings report. Coverage: 3 outlets in 24h

What changed

Nvidia stock closed down 5.47% on Tuesday amid a scandal over CEO Jensen Huang's affair. Morgan Stanley cut the stock from its top picks, and earnings are due on Nov. 17.

Why it matters

The stock rebounded premarket after the Morgan Stanley removal from top picks, as investors weigh the scandal and the upcoming earnings report.

Sources