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The first post-split trading day will then be June 10. Nvidia already delivered blockbuster returns for investors who bought the stock early in the generative AI cycle.
And the stock will begin trading at the split-adjusted price on June 10. Considering today's share price of $1,095, the price on June 10 should be around $109. Investors don't have to lift a finger
The big moment is here. After today's market close, Nvidia (NASDAQ: NVDA) will complete its 10-for-1 stock split, an operation that will bring down the price of this high-flying stock from roughly ...
The need for Nvidia to split -- its shares topped $1,200 the day its split went into effect -- is a direct reflection of its dominance in high-compute enterprise data centers.
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 ...
You see, lowering the share price is what a stock split does. ASML is trading at approximately $1,000 today. Suppose the company executes a 10-for-1 split, like Nvidia and Broadcom have done ...
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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 ...