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GraniteShares 2x Long NVDA Daily ETF To Carry Out 6-for-1 Stock Split On March 13th, 2024

Moomoo News ·  Mar 11 21:00

March 12th - $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ is about to implement a 6-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from March 13th, 2024.

$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ slipped 3.98% and closed at $229.1 on March 11th with a turnover of $1.27 billion.


What Is a Stock Split?

A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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