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Trump Allegedly Sold Up to $1 Million of Nvidia Stock

Source
JH Kim

Summary

  • Claims have surfaced that U.S. President Donald Trump sold up to $1 million worth of Nvidia stock in August.
  • Trump’s Nvidia stock sale was reportedly valued at up to $1 million, though specific transaction details and disclosure filings were not confirmed.
  • The report said Nvidia shares fell 25% from $214.72 to about $160, and that it was not confirmed whether there had been any official announcement regarding CEO Jensen Huang’s resignation.

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Claims have surfaced that U.S. President Donald Trump sold up to $1 million worth of Nvidia stock in August.

Cointelegraph, a cryptocurrency-focused media outlet, reported on Nov. 12 that the sale was valued at as much as $1 million. However, specific transaction details and disclosure filings have not been confirmed.

The report also alleged that Nvidia shares fell 25% from $214.72 to about $160. It did not specify the reference period for those prices.

It further included a claim that Nvidia Chief Executive Officer Jensen Huang had resigned, though it was not confirmed whether any official announcement had been made.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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