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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.
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 ...
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 ...
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.
History might not be the best guide in predicting how Nvidia stock will perform after its 10-for-1 stock split.
Following Nvidia's 10-for-1 stock split, Broadcom announced a similar 10-for-1 split when it reported fiscal second-quarter earnings after hours on June 12. Broadcom's stock split is set to go ...
Stock splits seem to be all the rage. After years of the step seeing less traction, 2024 already served up a slew of high-profile splits. The biggest, no doubt, was Nvidia, the poster child of the ...
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 ...