Nvidia Stock Splits 10-for-1

What Does This Mean for Investors?

Nvidia has announced a 10-for-1 stock split, which means that every share of Nvidia stock will be split into 10 shares. This split will take effect on June 7, 2023, and shares will begin trading on a split-adjusted basis on June 10, 2023.

Why is Nvidia Splitting Its Stock?

Companies often split their stock to make their shares more affordable to a wider range of investors. A lower share price can also make the stock more attractive to institutional investors, such as mutual funds and pension funds.

What Does This Mean for Nvidia's Stock Price?

The stock split will not change the value of Nvidia's stock. The total value of all outstanding shares will remain the same. However, the lower share price may make the stock more attractive to investors who were previously unable to afford it.

What Should Investors Do?

Investors who own Nvidia stock do not need to take any action. Their shares will automatically be split into 10 shares on June 7, 2023. Investors who are considering buying Nvidia stock may want to wait until after the split, when the share price is likely to be lower.