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On November 9, the private scandal of Nvidia CEO Wong In-hoon triggered a sharp reaction in the market. The company's stock price fell 8.8% during the intraday period. Based on the previous market capitalization of about 4.5 trillion US dollars, the biggest contraction in market capitalization was about 396 billion US dollars. It has already set a record for the largest single-day market value loss caused by a personal scandal involving a listed company by an executive. This scale far exceeds the loss scale of Tesla's stock price falling 14.3% in a single day and the market value evaporating about 150 billion US dollars when Tesla CEO Musk and US President Trump publicly broke up in June 2025. At the same time, the value of Hwang In-hoon's personal shareholding also shrunk by about 14.3 billion US dollars at one point.
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On November 9, the private scandal of Nvidia CEO Wong In-hoon triggered a sharp reaction in the market. The company's stock price fell 8.8% during the intraday period. Based on the previous market capitalization of about 4.5 trillion US dollars, the biggest contraction in market capitalization was about 396 billion US dollars. It has already set a record for the largest single-day market value loss caused by a personal scandal involving a listed company by an executive. This scale far exceeds the loss scale of Tesla's stock price falling 14.3% in a single day and the market value evaporating about 150 billion US dollars when Tesla CEO Musk publicly broke up with US President Trump in June 2025. At the same time, the value of Hwang In-hoon's personal shareholding also once shrunk by about 14.3 billion US dollars.
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