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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.
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 ...
Nvidia's (NASDAQ: NVDA) recent stock split may have been one of the most anticipated events on investors' financial calendars. On June 7, the company completed its 10-for-1 stock split, and the ...
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 ...
The ratio of the split determines the price, and in the case of Nvidia, we're looking at a 10-for-1 split. So, if you owned one share of the company last week, you now own a total of 10 shares at ...
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.
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.