NVIDIA's 10-for-1 Stock Split Takes Effect

NVIDIA Completes Stock Split

NVIDIA's 10-for-1 stock split has taken effect after the closing bell. Shares of the chipmaker will now trade at a lower post-split price. The split gives investors nine additional shares for every one that they already own.

Continuing Price Climb Since Earnings Report

NVIDIA's stock price has continued to climb since the company's blockbuster earnings report last month. The 10-for-1 stock split is likely to further boost investor interest in the company.

Conclusion

NVIDIA's stock split is a significant event for investors. It gives them the opportunity to own more shares of the company at a lower price. The split is also likely to increase trading volume and liquidity in NVIDIA's stock. Investors will be closely watching NVIDIA's performance in the coming months to see if the split has a positive impact on the company's valuation.

Price as of June 10, 2024, 4:00 PM. NVIDIA's stock price is quoted in U.S. dollars and traded on the NASDAQ. Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice.