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Shareholders responded to news of CEO misconduct with a market-adjusted 3.1% decline in share prices over the 3-day trading period before, during, and after the initial news story, with the median drop reported as 1.1% according to Harvard Law.
Alex Krüger, an economist and cryptocurrency trader and influencer, highlighted this data and noted that NVDA shares are down 20%.
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Krüger has previously focused on sector performance following major events. He recently noted that indices have shown slight gains since Election Day. In the same review, he highlighted strong results for hyperscalers and datacenters.