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Nvidia’s stock closed Wednesday at $1,224.40 and it's just one of 11 companies in the S&P 500 with a share price over $1,000. Post stock split, Nvidia will open at $120.89 on Monday. $26 billion
Image source: Getty Images. Details about Nvidia's stock split. First, a few details about the stock split.Nvidia issued the new shares to current holders after the close of trading on June 7.
As a result of its soaring stock price, the company unveiled plans for a 10-for-1 stock split on May 22, pushing the stock to new heights. Since the announcement, the stock has climbed 25%, adding ...
Nvidia shares surged 9% to a record high above $1,000 on Thursday after another blowout earnings report, but the stock is about to get a lot cheaper as the AI chip leader announced a 10-for-1 ...
For each share of Nvidia stock a shareholder owns -- currently selling for roughly $1,100 per share (as of this writing) -- post-split, investors will hold 10 shares worth $110 each, so the total ...
Nvidia stock began trading Monday on a new 10-for-1 split basis, revising the shares' Friday closing price of $1,208.88 to $120.88.The stock closed up nearly 1% in its first day following the split.
The skyrocketing share price led Nvidia to split its stock 10-for-1, which it executed earlier this month. The move lowered the barrier of entry for investors, opening up the door for smaller ...
Speaking to this point, Morningstar strategist Brian Colello believes Nvidia's stock is fairly valued at $105 per share after its 10-for-1 stock split went into effect on June 10.