Reported 4 months ago
Following Walmart and Chipotle's stock splits, Nvidia has announced a 10-for-1 split coming on June 10, joining other top companies like Apple and Tesla in recent stock splits. While stock splits do not impact the fundamentals of a stock, they can generate increased interest from retail investors. Walmart and Chipotle saw significant growth following their splits, with Nvidia poised for similar success given its strong performance and outlook. Analysts highlight the potential for heightened stock performance post-split, based on historical trends.
Source: YAHOO