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A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...
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 ...
Netflix has split its stock twice in its history: a 2-for-1 split in 2004 and then a 7-for-1 split in 2015. At the time of its 2015 split, Netflix was trading at around $700 a share.
One potential stock-split candidate is Spotify (NYSE: SPOT). The audio streaming leader is up over 500% since the start of 2023, and the stock is now approaching $500 per share, or stock-split ...
The first post-split trading day will then be June 10. ... 2022, but its stock gained just 2% over the next year, compared to a 6% gain for the S&P 500.
Stock splits often serve as a catalyst for stocks. Its revenue of $8.5 billion for the first three quarters of 2024 rose 15% from year-ago levels, including a 13% yearly increase for the third ...
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
For example, Nvidia's 10-for-1 stock split this year brought the stock price down to about $120 from $1,200. Nvidia has completed back-to-back stock splits twice in the past. It executed stock ...
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