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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.
Management announced a 10-for-1 stock split "to make stock ownership more accessible to employees and investors." The split is scheduled to take place after the market close on Friday, June 7.
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.
Stock-split stocks like Nvidia typically outperform the S&P 500. ... The stock traded at a split-adjusted $95 per share. History says its share price will increase 25.4% to $119 by May 2025. But ...
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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
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 ...
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.