Nvidia completed a 10-for-1 stock split, historical data shows shares dipped then gained momentum

From Yahoo Finance: 2024-06-09 05:15:00

Nvidia recently completed a 10-for-1 stock split, lowering the share price. The company has undergone five stock splits in total, with the most recent ones in 2021, 2007, and 2006. Historical data suggests that Nvidia shares dipped post-split then gained momentum, which could be attributed to the company’s growth in AI-related revenue. The recent split may not serve as a catalyst for share performance, but rather rely on earnings prospects and advancements in AI technology. Investors should monitor Nvidia’s progress in the AI market to predict future stock performance. Stock Advisor analysts believe there are 10 better stocks to invest in than Nvidia currently.



Read more at Yahoo Finance: Here’s What Happened After Nvidia’s Last 3 Stock Splits (and What That Means for the Stock Today)