Technically speaking, the total value of the shares doesn’t change. This gives investors roughly two months to buy the stock at the current price. Nvidia’s stock split will take effect on July 19, after markets close, and shares will start trading at the split-adjusted price on July 21. Sign-up for the Invezz newsletter, today. If this is the case, should investors take advantage of the split and look to add NVDA stock to their portfolio?Īre you looking for fast-news, hot-tips and market analysis? The company’s stock closed last week at about $600 per share which implies a split-adjusted value of roughly $150.00 per share.Ī stock split is typically done to make shares more accessible to ordinary investors who typically avoid all stocks trading at a high price point. The company said on Friday that the split has already been approved by the board. Shares of Nvidia Corp ( NASDAQ:NVDA) popped more than 10% late last week following the announcement of a 4-for-1 stock split.
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