Nvidia Stock Split: Everything You Need to Know
10-for-1 Split to Take Effect on June 7
Pre-Split Stock Price Reached Record Highs
Attention all investors! The moment you've been waiting for is finally here. Nvidia Corporation (NVDA) has announced a 10-for-1 stock split, which will take effect after market close tomorrow, June 7, 2024. This move by Nvidia follows a period of tremendous price appreciation, with the stock closing trading at $1224.40 per share on Wednesday.
If the stock had split on Wednesday, each share would have been worth approximately $122.44. This would have made Nvidia stock more accessible to a wider range of investors, allowing them to participate in the company's continued growth and success.
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