"Nvidia Insiders Cash In: Directors Sell $180 Million in Shares"

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Source: Yahoo Finance
"Nvidia Insiders Cash In: Directors Sell $180 Million in Shares"
Photo: Yahoo Finance
TL;DR Summary

Two Nvidia directors sold about $180 million in shares as the stock continues to reach record highs, with Tench Coxe selling 200,000 shares and Mark Stevens selling 12,000 shares. The sales come amidst Nvidia's soaring stock rally, driven by optimism about its AI computing chips. Last month, other directors unloaded 99,000 shares after Nvidia's strong earnings report, with the stock now boasting a market value of $2.2 trillion.

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