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History might not be the best guide in predicting how Nvidia stock will perform after its 10-for-1 stock split.
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.
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.
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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.
Nvidia's share price has typically declined during the year following a stock split. Nvidia Stock Split Update: Down 2% Since June, History Says the AI Stock Will Do This Next Skip to main content
For each share of Nvidia stock a shareholder owns -- currently selling for roughly $1,100 per share (as of this writing) -- post-split, investors will hold 10 shares worth $110 each, so the total ...
Image source: Getty Images. Trading at a lower price. First, as mentioned, a stock split lowers the price of each share. But this sort of operation doesn't change the overall market value of the ...