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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 company just completed a 10-for-1 stock split, and that's why as of the opening of today's trading session, you can get in on Nvidia stock with a little more than $100 instead of more than $1,000.
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.
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.
Image source: Getty Images. Nvidia's 10-for-1 stock split. First, here's a quick summary of the Nvidia stock split.The company launched a 10-for-1 split on June 7, so if you owned one share at ...
Now entering the stock split zone. Nvidia is joining its megacap tech peers, becoming the fourth "Magnificent Seven" stock to split since 2022.The chip giant’s 10-for-1 stock split, which will ...
Here's what that could mean: Nvidia announced its latest stock split after the market closed on May 22, 2024. The stock traded at a split-adjusted $95 per share. History says its share price will ...
In the case of Nvidia's 10-for-1 split, investors will own 10 times the number of shares they did previously, but each of those shares will be worth 10% of what they were before the split.