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Nvidia conducted a 10-for-1 stock split after the market close on Friday, June 7, 2024. Its share price at the market open on Monday was roughly 10% of the previous closing price.
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 ...
Image source: Getty Images. Details about Nvidia's stock split. First, a few details about the stock split.Nvidia issued the new shares to current holders after the close of trading on June 7.
In Nvidia's case, more people who don't have access to fractional trades can now afford shares who couldn't before when they were trading around $1,200. The lower stock price also makes options ...
In fact, Nvidia just completed its most recent stock split in June after the shares soared past $900 earlier in the year -- and then surged past $1,000 after Nvidia's announcement of the split.
Shares of Nvidia (NASDAQ: NVDA) have soared since the company reported a strong first-quarter earnings report on May 22 and announced a 10-for-1 stock split. Since then, the stock has jumped ...
The stock split might be a nice bonus for investors, but the real reason to buy Nvidia stock is its dominance in generative AI hardware, and its growth potential as the AI market continues to develop.
History might not be the best guide in predicting how Nvidia stock will perform after its 10-for-1 stock split.