$NVIDIA (NVDA.US)$ tesla share dropped a few days before sha...
$NVIDIA (NVDA.US)$ tesla share dropped a few days before share split and continued to drop after split 1 to 3 share. It raises only after a few days later but no longer back to the high price before it split
Back then EV and Auto driving cars was the hot topic.
Now AI and Chip is the hot topic. Split 1 to 10 share. Becareful.
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买跌不追涨 : Agree
huang002339 : FSD is still AI and EV is also chip
Spread Love N Joy : Stocks tend to perform strongly after they split. Data from Bank of America (BAC) shows that average returns for companies are about 25% in the 12 months after a stock split is announced versus 12% gains for the benchmark S&P 500 index.
103890089 OP Spread Love N Joy : Do you have the source/link of the analysis to share? well I think it depends, there are pros and cons, pros is that the price is cheaper and retail investor who missed the boat could buy a small portion after split, but at the same time if the stock is split too much investors who already have the stock may want to realise their profit could sell some of them after the split. e.g 1 to 3 an investor could sell 2 to realise the profit and keep 1 for possible growth. but selling to realise the profit will make the stock price drop
Spread Love N Joy : Source is Bank Of America, as my comment already said, and the information is from a moomoo article in the NVDA News string.
Not here to prove you wrong, just posting historical facts instead of my opinion. I will trust Bank Of America research over your opinion.
Spread Love N Joy : Nvidia’s Stock To Split On 10-For-1 Basis
103890089 OP Spread Love N Joy : which it's why I said it depends, what would happen we might not know. Where some companies raise after split like Nvidia when it was still less than $10 when it did its first 2 split, but now we are talking about 1k split which is similar to tesla.
103890089 OP : Tesla share price: Tesla shares close lower after 3-1 stock split - The Economic Times