Nvidia (NVDA) Stock Splits. Crash or Boom?
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YouTubeAdam Khoo
Nvidia (NVDA) Stock Splits. Crash or Boom?
After gaining over 580% in the last 3 years, Nvidia (NVDA) briefly surpassed Apple (AAPL) as the second most valuable company in the world. On Friday the company split the stock 10 for 1. Is the start of more gains ahead or is a crash coming soon? Find out in this video! 00:00 | Nvidia (NVDA) Stock Splits. Crash or Boom? 02:47 | Always keep ...
64.7K viewsJun 9, 2024
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Nvidia’s 10:1 Stock Split Explained. Historically these are done to increase the perceived affordability of the stock. All Nvidia has done is issue 10 shares for every 1 that previous shareholders owned, so effectively nothing has changed about the market capitalization. From time to time, stock splits are followed by an increase in stock performance—but not always. Let me know if you own any Nvidia!
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