Reported 6 months ago
Nvidia has achieved a historic $3 trillion market capitalization, surpassing Apple, just ahead of its planned 10-for-1 stock split. Yahoo Finance's Brad Smith explains the significance of this milestone and how the stock split will impact investors, with each shareholder receiving nine additional shares after the market closes on Friday, resulting in more affordable shares for investors. While the split won't change the company's valuation, historically, stock splits often lead to positive outcomes as per Bank of America data.
Source: YAHOO