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Semiconductor designer Nvidia (NASDAQ: NVDA) has split its stock six times so far, including a splashy 10-for-1 split in June ...
Had you bought one share of Nvidia stock at its IPO, you would currently have 480 shares, thanks to the six stock splits it has undergone in that time. Data source: Seeking Alpha.
Nvidia (NASDAQ: NVDA) was already the hottest stock on the market, but investor interest in the AI chip leader is reaching a fever pitch ahead of its 10-for-1 stock split, which is set to take ...
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Nvidia completed its 10-for-1 stock split on June 7 of last year, with shares trading at the split-adjusted price as of June 10. This brought the shares down from about $1,200 to $120. Since that time ...
Nvidia will conduct a 10-for-1 stock split after the market closes today. The stock will begin trading at a much lower share price on Monday, June 10. But will Nvidia stock soar after its stock split?
But this doesn't make Nvidia cheaper than it was prior to the split. The stock still is trading for 44x forward earnings estimates, to use one valuation measure as an example.
Shares closed at $949.50 on Wednesday. Post split, which is effective June 7, 2024, one Nvidia share would be worth $94.95. Nvidia shares have risen over 231,485% since its IPO in January 1999.
Yet that's just the beginning. Since Nvidia's IPO in early 1999, the stock has soared from a split-adjusted price of $0.25 to more than $939, representing eye-popping gains of 375,500%.
On Wednesday, in conjunction with the release of the company's quarterly results, Nvidia announced plans to split its stock for the first time since July 2020. The stock has gained more than 800% in ...
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