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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 ...
June 7, 2024 at 4:00 AM. Nvidia (NASDAQ: NVDA) was already the hottest stock on the market, but investor interest in the AI chip leader is reaching a fever pitch ahead of its 10-for-1 stock 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.
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.
And given the performance of Nvidia's stock in recent history — shares are up over 2,600% in the last five years against a 120% gain for the Nasdaq — the company appears to have little trouble ...
As a result of its soaring stock price, the company unveiled plans for a 10-for-1 stock split on May 22, pushing the stock to new heights. Since the announcement, the stock has climbed 25%, adding ...
Nvidia shares surged 9% to a record high above $1,000 on Thursday after another blowout earnings report, but the stock is about to get a lot cheaper as the AI chip leader announced a 10-for-1 ...
On June 27, 2000, Nvidia conducted a 2-for-1 stock split. In the weeks leading up to the split, the stock steadily vaulted higher. However, Nvidia's shares fell immediately after the stock split ...