NVIDIA Stock Split: A Look at the Past and Present
A History of Bad News
Stock splits have historically been bad news for Nvidia shareholders. The company's previous splits, in 2000 and 2003, were followed by declines in the stock price. However, this time around, things may be different.
The Current Situation
Nvidia announced a 10-for-1 stock split on May 25, 2023. The split will take place after the market close on Friday, June 7, 2023. Split-adjusted trading will begin on Monday, June 10, 2023.
The stock split will not change the fundamental value of Nvidia's business. However, it could make the stock more attractive to a wider range of investors. A lower stock price can make it easier for smaller investors to buy shares of the company.
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