Nvidia to stock split: key date and opportunity
$NVIDIA(NVDA.US$ has announced a 10-for-1 stock split, which is set to take place on June 10, 2024. This means each current share will be divided into 10, reducing the price per share to one-tenth.
June 6: Own shares by June 6, 4 PM EDT to be eligible for the stock split.
June 7: Last day to trade shares at the pre-split price and receive 9 additional shares on June 7.
June 10: Split-adjusted trading begins on June 10.
Accessibility: Lower share price makes NVDA more affordable for retail investors.
Psychological Boost: Lower prices can attract more buyers, potentially driving up the stock.
Historical Performance: Historically, stock splits have had a positive impact on NVIDIA’s stock performance.
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