Nvidia's incredibly pricey shares are about to get much cheaper
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Nvidia Announces 10-for-1 Stock Split, Boosting Accessibility for Investors #
Nvidia has made buying shares in the semiconductor company more accessible to individual investors by announcing a 10-for-1 stock split. Over the past five years, Nvidia’s stock has surged more than 2,500%, with a single share currently valued at $949.50. The stock split will effectively reduce the price of investing in the company. Nvidia also reported impressive financial results, including a 262% increase in revenue and a 462% increase in profits year-over-year. The post-split shares will begin trading on June 10, coinciding with Nvidia’s strong performance in the AI sector.