Reported 5 months ago
Nvidia recently announced a 10-for-1 stock split to be implemented for current shareholders on June 7, alongside a strong earnings report. A stock split involves dividing each share of a company's stock into a set amount of shares, effectively reducing the share price while increasing the number of outstanding shares. This move aims to make stock ownership more accessible to employees and investors by lowering the share price and increasing liquidity.
Source: YAHOO