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The company just completed a 10-for-1 stock split, and that's why as of the opening of today's trading session, you can get in on Nvidia stock with a little more than $100 instead of more than $1,000.
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.
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 ...
The chipmaker has generated unprecedented growth in recent years. A stock split will make the shares much more affordable for the average investor.
Moreover, as shares continued to eclipse new heights, Nvidia's management finally decided to implement a 10-for-1 stock split last month. An AI chip on a circuit board. Image source: Getty Images.
A look at Nvidia's past stock splits offers us clues. ... The stock went on to gain nearly 30% from the announcement date through the split on June 7. The 10-for-1 split ratio meant the stock ...
Nvidia’s stock closed Wednesday at $1,224.40 and it's just one of 11 companies in the S&P 500 with a share price over $1,000. Post stock split, Nvidia will open at $120.89 on Monday. $26 billion
Each Nvidia share soon will be worth a lot less, due to the stock split.