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Nvidia's split involves the issuance of new shares on a 10-to-1 basis to current holders after the close of trading today, and the stock will begin trading on a split-adjusted basis on Monday ...
In 2014, Apple split its stock 7-for-1 to bring the price from about $140 a share to about $20 a share. Six years later, the stock split again, this time at a 4-to-1 ratio. Six years later, the ...
The technology giant will complete a 10-for-1 stock split, lowering the price of its stock from more than $1,700 to about $170. The stock will start trading at the new price as of the market open ...
The company announced a 1-for-10 reverse stock split following its split-off from Liberty Media. Reverse stock splits are often a sign of financial weakness. Nonetheless, in other ways, it looks ...
Nvidia stock began trading Monday on a new 10-for-1 split basis, revising the shares' Friday closing price of $1,208.88 to $120.88.The stock closed up nearly 1% in its first day following the split.
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.
Stock splits tend to attract a lot of attention among retail investors, but before you dump your life savings into Nvidia, it's important to understand what the split actually means for the stock.
Data from Bank of America cited by TKer showed the average 12-month return for any stock after a split is 25.4%, more than double the average annual return for the overall market.