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The moment many investors were waiting for is finally here: Nvidia (NASDAQ: NVDA) is set to split its stock on June 7. This comes after the stock soared more than 3,000% in five years, surging ...
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.
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 company just completed a 10-for-1 stock split, and that's why as of the opening of today's trading session, you can get in on Nvidia stock with a little more than $100 instead of more than $1,000.
Nvidia announced that its board of directors had approved a 10-for-1 forward stock split. This will result from an amendment to the company's Restated Certificate of Incorporation, which Nvidia ...
The chipmaker has generated unprecedented growth in recent years. A stock split will make the shares much more affordable for the average investor.