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Nvidia’s stock closed Wednesday at $1,224.40 and it's just one of 11 companies in the S&P 500 with a share price over $1,000. Post stock split, Nvidia will open at $120.89 on Monday. $26 billion
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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.
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.
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.
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 ...
The company will reset its share price with a 10-for-1 stock split in September. ... Nvidia has a median price target of $145 per share, implying 24% upside from its current share price of $117 ...
Nvidia stock began trading Monday on a new 10-for-1 split basis, revising the shares' Friday closing price of $1,208.88 to $120.88.The stock closed up nearly 1% in its first day following the split.