Stock market data from Nasdaq or NYSE

Duquesne Family Office CEO Stanley Druckenmiller Regrets Selling Nvidia Stock Up 175% YTD

Oct 16, 2024, 04:57 PM

Billionaire investor Stanley Druckenmiller, Chair and CEO of Duquesne Family Office, has expressed regret over selling all his Nvidia (NVDA) stock, calling it 'a big mistake.' Druckenmiller, who sold most of his Nvidia shares at $90 after initially purchasing them at $15 in October 2022, stated that he would consider buying the stock again if its price falls. The stock has surged 175% year-to-date. Druckenmiller made these comments during an interview on CNBC, where he also mentioned that he is currently 'licking his wounds' from the sale.