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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.
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
The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing its market valuation. "A side ...
The last stock split was announced at a similar time in 2021. The last time Nvidia enacted a stock split was on July 20, 2021. That four-for-one split broke each Nvidia share into four separate ...
History might not be the best guide in predicting how Nvidia stock will perform after its 10-for-1 stock split.
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's long-awaited 10-for-1 stock split goes into effect after the market closes today. Let's review the details of this split and what investors can expect in the days and weeks to come.
Nvidia shares were soaring 10% on Thursday afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report included its revenue and forecast coming in ...