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Image source: Getty Images. How stock splits work. First, though, let's talk a bit about stock splits in general. As mentioned, they're meant to lower a per-share price, and they do this through ...
The moment many investors were waiting for is finally here: Nvidia (NASDAQ: NVDA) is set to split its stock on June 7. This comes after the stock soared more than 3,000% in five years, surging ...
Reverse splits do the opposite, reducing the number of shares but correspondingly increasing the price; a 1-100 reverse split reduces the number of shares by a factor of 100 and multiplies the ...
The stock has been a multibagger since the company's last traditional split over 20 years ago.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.
Today's operation will lower the price of each Nvidia share.
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