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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.
This comes on the heels of the company's 10-for-1 stock split earlier this month. Investors saw the number of their shares multiplied by 10, while the share price became a tenth of where it was ...
In the case of a stock like Nvidia, a 10-for-1 split also sets it up to possibly become a component of the Dow Jones Industrial Average, as its current price of around $1,100 effectively ...
Image source: Getty Images. 1. Nvidia stock isn't cheaper than it was before. Nvidia stock, at the split-adjusted price, now is trading for about $120 a share compared with more than $1,200 last week.
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 ...
History shows us that in 2 of the 3 previous Nvidia stock splits, after the first three months post-split, the stock went on to climb in the double digits over the next two months. But in the case ...
But the biggest news of all came from Nvidia (NASDAQ: NVDA): The tech giant announced a 10-for-1 stock split in its first-quarter update on May 22. This split will be effective June 7. This split ...