Jensen Huang Persisted in Selling NVIDIA Shares in October, Netting Over US$110 Million
2 week ago / Read about 0 minute
Author:小编   

With NVIDIA's stock price soaring to an unprecedented peak, its CEO, Jensen Huang, kept on trimming his equity stakes in the month of October. Following the close of trading on October 10th (Eastern Time), filings submitted by NVIDIA to the U.S. Securities and Exchange Commission unveiled that from October 8th to 10th, Huang divested 225,000 shares via 20 separate transactions, pocketing more than US$42.8 million in the process. (Here, "soaring to an unprecedented peak" is a more vivid and commonly used expression in English to describe the sharp rise of stock prices to a record high; "kept on trimming his equity stakes" is a more natural way to express the continuous reduction of holdings; "unveiled" makes the sentence more formal and accurate in the context of official filings; "divested" is a more professional term for selling shares, and "pocketing" adds a touch of vividness to describe the act of obtaining money.)