$NVIDIA (NVDA.US)$ if I buy this on June 6th will I get 9 mo...
$NVIDIA (NVDA.US)$ if I buy this on June 6th will I get 9 more per own or earlier? Also, when will I receive the extra stock?
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White_Shadow : u buy 1 share on 6/6. on 6/10 or whenever you will have 9 more.
WeOwn1 White_Shadow :
Avengers 2023 White_Shadow : But the price will split into 10.
White_Shadow Avengers 2023 : yes, value doesn't change just # of shares
Victor Martinez2 OP White_Shadow : I mean wouldn't the stock increase since it will become cheap?
White_Shadow Victor Martinez2 OP : that's what usually happens but it's not guaranteed obviously, historically $NVIDIA (NVDA.US)$ Has always but once had big runs leading up to and on the day of the split
White_Shadow Victor Martinez2 OP : MooMoo has a badass chart showing all the splits and their effects on the stock price, etc.
austinwm Victor Martinez2 OP : if the share price drops that could make buying easier for some. only time will tell.
White_Shadow austinwm : well that's the whole point behind a split like $NVIDIA (NVDA.US)$ is doing, to allow more retail investors who don't have large sums of money to invest access to the stock by lowering the price by division, it also allows employees to take advantage of stock purchase plans when the stock becomes more affordable