NVIDIA just took a major hit: its stock is down 35% from October's peak, including a sharp more than 14% drop in one day.
That slide knocked NVIDIA to third place among the world's most valuable companies, with Microsoft now ahead and Apple still leading.
The shake-up comes as co-founder Jensen Huang resigned as president and CEO with immediate effect, and CFO Colette Kress has stepped in as interim CEO while retaining her CFO responsibilities.
Brokerages downgrade NVIDIA, analysts still buy
With leadership in flux, some brokerages have downgraded NVIDIA over uncertainty at the top.
Still, most analysts are sticking with their "Buy" rating and believe the company has strong long-term potential, even if things feel a bit shaky right now in the fast-moving tech world.