Nvidia stock suffers longest weekly losing streak since 2012 as market value sinks by $1.7 trillion
CNBC reports that Nvidia shares fell 13% in the week ending 13 November 2026, a sixth straight weekly decline and its longest losing streak since 2012, erasing roughly $1.7 trillion in market value since the slide began in early October 2026 and dropping the company below Apple. Co-founder and CEO Jensen Huang resigned on 12 November 2026 after two extramarital affairs were made public, with finance chief Colette Kress named interim CEO ahead of quarterly results due 17 November that analysts expect to show 91% revenue growth.
