Nvidia Stock Split: Everything You Need to Know
The Moment Investors Have Been Waiting For
Investors have been eagerly anticipating this moment, and it's finally here: Nvidia (NVDA) is set to split its stock on June 7. The company's shares opened Monday at around $120 per share, close to their intraday split-adjusted high of $125.
A Catalyst for Further Growth?
Rumors are swirling that Nvidia could join the Dow Jones Industrial Average after its stock split. This would be a significant milestone for the company and could further fuel its growth. Nvidia's stock has surged since the company announced its plans for a stock split, indicating strong investor interest.
A Strategic Move
Nvidia's 10-for-1 stock split is designed to make its shares more accessible to a wider range of investors, particularly retail investors. By lowering the per-share price, Nvidia aims to attract a larger pool of buyers and increase liquidity in its stock.
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