Its shares closed down 4.3% on Monday, reducing Nvidia's market capitalization by approximately $190 billion. The lawsuit was filed five minutes after the US stock market closed.It is common for shareholders to sue companies after unexpected share price declines.
Nvidia shareholders led by Mark Kistenmacher are seeking unspecified damages from the defendants.Jensen HuangNvidia Corp.Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries along with latest US midterm elections update. Follow major international events on Hindustan Times.
