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Summary
Nvidia (NVDA) fell 5.47% to $168.89 on November 10, 2026, its second straight decline, on volume of 429.3 million shares.
Financial media tied the drop to the board's investigation involving CEO Jensen Huang, which the independent directors said Joon H. Kim and Wachtell Lipton will lead.
The stock trailed the Nasdaq Composite by 4.73 percentage points and closed 2.81% above its 52-week low of $164.27.
Gotrade News - In the latest Nvidia stock news, Nvidia (NVDA) fell 5.47% to $168.89 on Tuesday, November 10, 2026, its second straight decline. Nvidia stock slid on the day the board's independent directors named former acting US Attorney Joon H. Kim and his firm, Wachtell, Lipton, Rosen & Katz, to lead its investigation into reports about CEO Jensen Huang, a probe financial media tied to the selloff.
NVDA Trading Data
Data
Value
Closing price
$168.89
Change
-$9.78 (-5.47%)
Previous close
$178.67
Open
$173.97
Day range
$165.89 to $174.69
Volume
429.3 million shares
30-day average volume
126.3 million shares
52-week range
$164.27 to $243.37
Market cap
$4.07 trillion
Regular-session close on Tuesday, November 10, 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 11, 2025. Indices: Yahoo Finance daily closes for the same date. 10-year Treasury yield: U.S. Treasury daily par yield curve for the same date.
Nvidia opened at $173.97, below the prior close of $178.67, and traded between $165.89 and $174.69 before closing $3.00 above the session low. Volume reached 429.3 million shares, 240.00% above its average of 126.3 million.
The drop was far steeper than the wider market. The Nasdaq Composite fell 0.74% to 25,065.88, the S&P 500 lost 0.38% to 7,520.93 and the Dow Jones Industrial Average slipped 0.30% to 52,231.89, leaving Nvidia 4.73 percentage points behind the Nasdaq. The US 10-year Treasury yield rose 10.0 basis points to 4.98%.
Chip peers moved the other way: AMD (AMD) rose 1.30% to $515.21 and Broadcom (AVGO) gained 3.91% to $331.98. Among other megacaps, Microsoft (MSFT) fell 2.20% to $533.16. Nvidia closed 30.60% below its 52-week high of $243.37 and 2.81% above its 52-week low of $164.27.
Financial media tied the drop to the board's investigation involving Huang. In a statement dated November 10, the independent members of the board said they had retained Kim, a former acting US Attorney for the Southern District of New York, and Wachtell Lipton to conduct "a thorough and independent investigation." The statement gave no timeline for results.
The probe began on Sunday, November 8. According to the board's November 8 statement, a committee of independent directors, assisted by outside counsel, will examine reports that Huang was the target of a foreign intelligence effort. The board said it had no reason to believe national security or Nvidia secrets were compromised, and that Huang supports the review.
As reported by CNBC, Nvidia fell more than 4% on Monday, and investors worry the scandal could force Huang out, though a company representative said he intends to remain CEO without interruption. Per NBC News, the shares have lost more than 10% since Monday's open, erasing nearly $500 billion in market value. The Motley Fool linked the wider market's decline to hotter-than-expected inflation data.
NVDA Stock Analysis: Supporting Factors and Risks
Supporting Factors
Nvidia's board said on November 8 that it had no reason to believe national security or company secrets were compromised.
AMD and Broadcom rose on the day, and the Motley Fool said that split points to company-specific problems rather than weaker AI chip demand.
A company representative said Huang intends to keep leading Nvidia without interruption, as reported by CNBC.
Risks
CNBC reported that investors worry the scandal could force Huang out, and the board's latest statement set no timeline for the investigation.
NBC News reported that President Trump said on Monday the FBI was also looking into the matter.
After the two-day slide, the stock sits 2.81% above its 52-week low of $164.27.
The next confirmed event is the earnings report for Nvidia's fiscal third quarter of 2027, which ended October 25. According to the company's conference call notice, the results call is on Tuesday, November 17, at 5 p.m. Eastern.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
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.
