# Nvidia Gains 1.8% Before Market Open as GF Securities Downgrades Shares By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/56649 Published: 2026-11-13T12:52:02.000Z Updated: 2026-11-13T12:52:02.000Z Section: Investing > The stock fell 13.39% at Thursday’s open, then rebounded more than 5% in six minutes and later recovered to $160. Nvidia shares were 1.8% higher before Friday’s U.S. market open as GF Securities downgraded the stock, adding a new rating cut during a volatile period following the company’s leadership change. GF Securities’ move came after Oppenheimer also lowered its rating to Perform following Huang’s resignation. The [Oppenheimer downgrade]() added to the scrutiny around Nvidia shares. In Thursday’s session, Nvidia fell 13.39% at the open, then climbed more than 5% in six minutes before later recovering to $160. The drop was tied to reports of Huang’s resignation, and the subsequent [recovery to $160]() reversed those losses. Nvidia’s board accepted the resignation of co-founder and former CEO Jensen Huang as president, CEO and director, effective Nov. 11. The board appointed CFO Colette M. Kress interim CEO; she will retain her finance duties while directors consider internal and external candidates for a permanent successor. The company’s announcement said operations, customer commitments and its product roadmap were expected to continue without interruption. ## Links in this article - [Oppenheimer downgrade](https://www.tokenpost.com/news/investing/55703) - [recovery to $160](https://www.tokenpost.com/news/investing/55526)