Nvidia Stock Whipsaws: A 4.5% Rebound on 11 November, Then an 8% After-Hours Drop on a Jensen Huang Board Report, Ahead of Earnings on 17 November

Nvidia closed at $173.73 on 11 Nov 2026 (+2.87%), then fell about 8% after hours on a Jensen Huang board report. No board decision found; earnings 17 Nov.

Nvidia stock rose 2.9% to close at $173.73 on 11 November 2026, then fell about 8% after hours to around $158 to $160 on a report about CEO Jensen Huang and the board, after climbing as much as 4% to 5% during the session. The move came after a 5.47% fall on 10 November. This note sets out the price path, what has been reported, the analyst actions and the risks, with each claim separated into fact and report.

Figures are from US market reports on 11 November and early 12 November India time, and after-hours prices change constantly. Global tech sentiment affects Indian IT and technology shares, which you can follow on Nifty IT and the Nifty 50, but this is a US-listed stock and the figures are in dollars.

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Nvidia Stock: Price Path in Three Sessions

Session	Move	Level
Nvidia stock: 9 November	Down 4.3%	Weak session
Nvidia stock: 10 November	Down 5.47%	Closed at $168.89
Nvidia stock: 11 November (regular)	Up 2.87%	Closed at $173.73; day high $175.13
Nvidia stock: 11 November (after hours)	Down about 8%	Around $158 to $160; low near $156

The 11 November rebound followed CoreWeave results that lifted AI-related stocks, and it erased only part of the previous two days’ losses. The stock is down about 27% from its early-October peak, per reports. The after-hours drop would bring the price below the 10 November close, which means the session gain disappeared quickly.

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What Has Been Reported

Item	Detail	Status
Nvidia stock: board report	The Wall Street Journal reported that the board is preparing to remove Jensen Huang as CEO	Report only; I found no board decision
Jensen Huang: personal conduct	Reports about Huang’s personal conduct, which he acknowledged on 8 November	Board launched an independent probe with law firm Wachtell Lipton
Jensen Huang: next earnings	17 November 2026	Scheduled

These are media reports, and the company’s own statements and any board action matter more than reports. Markets often react sharply to leadership news because a change at the top of a company this size can alter strategy, partnerships and investor confidence. Until there is a confirmed decision, the facts are limited to the reports, the probe and the price moves.

Analyst Actions

Firm	Action	Detail
Jensen Huang: morgan Stanley	Removed Nvidia as a top pick	Kept Overweight with a $300 target
Jensen Huang: bank of America	Removed Nvidia from its US-1 list	As reported
Jensen Huang: baird	Cut to Neutral	Target $200

Analyst actions are opinions and can differ widely, as the gap between a $200 and a $300 target shows. They also lag price moves. A target above the current price does not mean the stock will reach it.

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Checklist and Risks

Investor situation	Questions to consider
Jensen Huang: existing holder	Does a 27% fall from the peak change my risk limit, and am I reacting to reports or to filings?
Jensen Huang: new investor	Have I waited for confirmed facts, such as a board statement and the 17 November results?
Jensen Huang: short-term trader	Can I handle gaps in after-hours trading that do not match regular-session prices?
Long-term investor	Does leadership uncertainty change the thesis, or is the business story unchanged?

The main risks are leadership uncertainty, the outcome of the board probe, earnings on 17 November, an AI spending slowdown, high volatility and currency moves for Indian investors. Univest does not recommend any security.

Conclusion

Nvidia stock rose 2.9% to $173.73 on 11 November 2026 and then fell about 8% after hours on a report about Jensen Huang and the board. No board decision has been reported, and earnings follow on 17 November. Wait for confirmed facts and consult a SEBI-registered adviser before acting.

Frequently Asked Questions on Nvidia Stock

Why did Nvidia stock fall after hours on 11 November?

Ans. Reports said the board is preparing to remove CEO Jensen Huang, and the stock fell about 8% to around $158 to $160. I found no confirmed board decision.

How much did Nvidia stock recover on 11 November?

Ans. It closed at $173.73, up 2.87%, after trading as high as $175.13. That followed a 5.47% fall to $168.89 on 10 November.

What is the board probe?

Ans. The board launched an independent probe with the law firm Wachtell Lipton after reports about Huang's personal conduct, which he acknowledged on 8 November.

What did Morgan Stanley and Bank of America do?

Ans. Morgan Stanley removed Nvidia as a top pick but kept an Overweight rating with a $300 target. Bank of America removed it from its US-1 list.

What is the Baird target?

Ans. Baird cut Nvidia to Neutral with a target of $200. Analyst targets differ widely and change often.

When are Nvidia earnings?

Ans. Nvidia is due to report on 17 November 2026. The result and any update on leadership will likely drive the next big move.

How far is Nvidia from its peak?

Ans. The stock is down about 27% from its early-October peak, per reports, and the after-hours fall adds to that decline.

Should I buy Nvidia stock after the fall?

Ans. Univest does not recommend any security. Wait for confirmed facts, read the earnings report and consult a SEBI-registered adviser.