NVIDIA Stocks Fall 2.27% as Interim CEO Kress Faces Tuesday Earnings Test Khac Phu Nguyen Fri, November 13, 2026 at 12:21 PM EST 2 min read NVDA -3.04% SNPS -2.00% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
NVIDIA (NASDAQ:NVDA) shares fell 2.27% to $162.41 as of 9:52 a.m. ET in Friday's regular session on November 13, wiping out a premarket bounce one day after Jensen Huang quit as chief executive. The board named longtime CFO Colette Kress interim CEO and installed former Synopsys chief Harvey C. Jones as its first independent chair. Huang also left the board, effective immediately, after media reports linked his personal relationships to a U.S. national-security inquiry.
Warning! GuruFocus has detected 3 Warning Signs with NVDA.
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Thursday did real damage. The shares closed 4.34% lower at $166.19 after sliding as much as 14% intraday, and market value fell from about $4.5 trillion a week earlier to roughly $4.0 trillion, according to Yahoo Finance's live coverage. Bernstein moved to Market-Perform and halved its price target to $200 from $400. Kress keeps the CFO job, and the fiscal third-quarter report stays on Tuesday, November 17, with the call at 2 p.m. PT. The release did not reaffirm guidance, but the board said operations, customer commitments and the product roadmap should continue without interruption.
The business has not changed overnight. The risk is that hyperscaler buyers hesitate while the top seat is empty, and Huang has agreed to testify before a House committee before Thanksgiving, which keeps Washington in the headlines. The GuruFocus chart shows a GF Score of 91/100, a near-elite profile built on top-tier profitability and a fortress balance sheet. GuruFocus puts GF Value at $430.18, so the shares trade 62.2% below the model, yet the site tags NVIDIA a "Possible Value Trap, Think Twice." That warning fits: a model anchored on past multiples cannot price a leadership vacuum. The next test is Tuesday's revenue guide, followed by any name for a permanent CEO.
