$NVIDIA (NVDA.US)$ how the split works? when split the cost...
$NVIDIA (NVDA.US)$ how the split works? when split the cost will average into 10 stocks? anyone can share? newbie here
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Nathan Cai : 6.7-6.10 Complete share split
DannyK99 : let's say the price of 1 stock is 1000 before split. After split you will have 10 stocks worth $100 each
Nathan Cai : Stock registration closes at 6.6 p.m.
Ah Vivi : If you have 1 share at $1,000, it becomes 10 shares at $100 each. The split itself has no change in total market cap. Could make it easier for ppl to start trading whole shares, and make options more affordable.
Kyrios OP Ah Vivi : so it will use the market price when split. it is hold and wait for splitting better? or sell now
Kyrios OP DannyK99 : thanks, what did you think, is it sell now or wait for splitting?
Ah Vivi Kyrios OP : Up to you. Who knows? Personally, I prefer DCAing - buy more during the dips, buy less on the highs… and just hold long term. If it’s a good stock, you get godlike returns with patience.
Kyrios OP Ah Vivi : good advice