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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.
After the next stock split, in 2021, the shares followed a similar pattern -- but then, about a year later, they started picking up momentum. NVDA Chart NVDA data by YCharts
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.
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 ...
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 ...
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 ...
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 ...
That's because, alongside its blockbuster earnings report on Wednesday, the company announced plans to split its stock 10-for-1, meaning existing shareholders will receive 10 shares of Nvidia for ...