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Summary
Nvidia (NVDA) closed at $178.67 on November 9, 2026, a move of -$7.97 (-4.27%), while the Nasdaq Composite closed up 2.74%.
The drop followed the board's November 8 statement opening an independent investigation into reports that CEO Jensen Huang was the target of a foreign intelligence effort.
The board said it has no reason to believe national security or Nvidia secrets were compromised, while a proposed shareholder class action and a congressional briefing request add scrutiny.
Gotrade News - In the latest Nvidia stock news, Nvidia (NVDA) closed at $178.67 in the US session on Monday, November 9, 2026, a move of -$7.97 (-4.27%). Nvidia stock fell after the company's board said it had opened an independent investigation into reports that CEO Jensen Huang was the target of a foreign intelligence effort.
NVDA Trading Data
Data
Value
Closing price
$178.67
Change
-$7.97 (-4.27%)
Previous close
$186.64
Open
$173.07
Day range
$170.24 to $179.92
Volume
462.7 million shares
30-day average volume
115.6 million shares
52-week range
$164.27 to $243.37
Regular-session close on Monday, November 9, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since November 10, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Nvidia opened at $173.07, traded between $170.24 and $179.92, and closed $8.43 above the day's low. Volume reached 462.7 million shares, +300.36% against the average of 115.6 million shares.
The drop came on a strong day for the broader market. The Nasdaq Composite closed at 25,253.14 (+2.74%), the S&P 500 at 7,549.94 (+2.35%) and the Dow Jones Industrial Average at 52,389.75 (+2.15%), leaving Nvidia -7.01 percentage points against the Nasdaq. Other chipmakers rallied, with AMD (AMD) at +13.26%, Broadcom (AVGO) at +8.78% and Micron (MU) at +6.25%. The US 10-year Treasury yield ended at 4.86% (+0.5 basis points).
The close left Nvidia 26.59% below its 52-week high of $243.37 and 8.77% above its 52-week low of $164.27.
Financial media tied the drop to the board's investigation into Huang. In its statement dated November 8, Nvidia's board said a committee of independent directors, assisted by outside independent counsel, will oversee the inquiry, and that it has "no reason to believe that either national security or NVIDIA secrets were compromised." According to Reuters, Nvidia shares closed down more than 4% on Monday after the board announced the investigation, and Huang told employees he had been unfaithful to his wife without disclosing details.
Reuters reported that, according to the New York Times, US authorities concluded that Alice Huang, a former executive of Singapore-based Megaspeed with whom Huang had a relationship, was a Chinese intelligence asset. The two are not related, and China's foreign ministry called the claim "purely a groundless accusation." On Monday, President Donald Trump said the FBI was looking into the matter and that Huang had told him he had no idea the woman was a spy, Reuters reported.
As reported by The Motley Fool, three House Republican committee chairs have asked Huang for a closed-door briefing on November 18. Reuters also reported that shareholders filed a proposed class action on Monday accusing Huang and the company of defrauding investors by concealing his ties to a suspected Chinese spy.
NVDA Stock Analysis: Supporting Factors and Risks
Supporting Factors
Nvidia's board said it has confidence in Huang and his leadership team, and that Huang supports the review and has agreed to cooperate.
Reuters reported that most analysts do not expect Huang to step down, and Trump said Huang would "be in good shape."
The Motley Fool's author wrote that the matter "is not going to affect the numbers Nvidia reports this quarter," while noting the board's inquiry or a government probe could have long-term consequences.
Risks
Shareholders filed a proposed class action on Monday, per Reuters, adding a legal case to the board's own inquiry.
Reuters noted that dozens of executives report directly to Huang, and Bernstein analyst Stacy Rasgon said Huang "pulls most of the company's strings himself," with uncertainty over succession.
Lawmakers told Reuters that Congress is more likely to pass legislation tightening China's access to AI chips, and the November 18 briefing request keeps the matter before Congress.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
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M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
