Reported 11 months ago
Semiconductor giant Nvidia is preparing for its 10-for-1 stock split, resulting in 10 times as many shares at a lower individual share price. Insights from Yahoo Finance's Jared Blikre on Nvidia's historical performance after previous splits, including a 4-for-1 split in 2021. The split aims to make Nvidia stock more affordable, with the market capitalization expected to remain unchanged. Nvidia's remarkable growth in the semiconductor industry and stock value, positioning it as a significant player alongside Apple in the market, is highlighted.
Source: YAHOO