Reported 24 days ago
Nvidia's stock has decreased by 2% since its recent 10-for-1 stock split in June. Historical data suggests that stocks that split typically outperform the S&P 500, with an average return of 25.4% in the following year. However, Nvidia has historically struggled after previous splits, showing an average decline of 23% in the year following. Given its current trading price of $119, projections indicate a potential drop to $93 by June 2025, although Nvidia remains a leader in the AI chip market.
Source: YAHOO