Nvidia's Stock Split: What Investors Need to Know
Nvidia's 10-for-1 Stock Split
On Friday, June 7, Nvidia (NVDA) will execute a 10-for-1 stock split. This means that for every share of Nvidia stock that investors own, they will receive nine additional shares.
Impact on Investors
The stock split will impact investors who own Nvidia stock when trading closes on Thursday afternoon. The shares will begin trading on a split-adjusted basis at the market open on June 10.
The stock split is designed to reset the share price, which had surged 725% during the preceding 18 months. Stock splits do not typically affect the value of the shares but can make them more accessible to smaller investors.
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