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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 ...
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.
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.
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 ...
NVDA revenue (quarterly) data by YCharts. This growth looks to continue for the foreseeable future. The company expects $28 billion in revenue this quarter, almost a $2 billion bump from last quarter.