NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7%
NVIDIA shares, NVDA, fell 7% on Thursday after a US federal judge allowed an investor lawsuit to proceed as a class action, reviving allegations that the company and CEO Jensen Huang concealed more than $1 billion in crypto-mining–related graphics card sales. At the time of writing, NVDA was trading at $172, down almost 18% from its all-time high of $212 set in October of last year. Featured image from CNBC, chart from TradingView.com About Author
