๐ Nvidia's stock price drops after 10-for-1 stock split - a bargain for investors at $120! ๐ค
Nvidia recently made waves in the stock market with its 10-for-1 stock split, causing its shares to plummet to just $120, the lowest price seen since 2022. This move aimed at attracting retail investors led to a frenzy of price-target hikes from Wall Street analysts, sparking speculations of a possible inclusion in the Dow Jones. Despite the stock split, Nvidia's potential for growth remains strong, driven by its position as a $3 trillion AI chip giant.
The effects of the stock split were immediate as Nvidia began trading at $120 post-split, significantly more accessible to a wider range of investors. This strategic decision not only made the shares more affordable but also added fuel to the already high demand for Nvidia's semiconductors powering AI applications. The company's revenue surge in the latest quarter reflects the massive interest in its products, making the stock split a strategic move for expansion.
Looking back at Nvidia's history, the recent $120 trading price feels like a blast from the past as it hasn't been at that level for quite some time. Despite the excitement around the stock split, the underlying value and potential of Nvidia remain the driving force behind its popularity in the market. With avid interest from both retail and institutional investors, Nvidia's future post-split looks promising, setting the stage for further growth and innovation.
In the midst of the stock split buzz, one thing is for sure - Nvidia's journey towards democratizing access to its shares and engaging a broader audience is well underway. As one of the leading players in the AI chip market, Nvidia's strategic moves continue to capture the attention of investors worldwide, setting the company on a path towards even greater success.
You can now purchase a single share of Nvidia for the cheapest price since 2022.
AI chipmaker Nvidia (NVDA) began trading Monday after its 10-for-1 stock split and received price-target hikes from three Wall Street analysts.
Nvidia's 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the artificial intelligence ...
Regardless of its trading price, the AI chipmaker still has room to run. Nvidia (NVDA 1.03%) executed a 10-for-1 stock split after the market close ...
Nvidia CEO Jensen Huang delivers a speech during the Computex 2024 exhibition in Taiwan on June 2. Chiang Ying-yingโAP Photo. Nvidia's 10-for ...
By Emily Bary. It actually hasn't been that long since Nvidia shares last traded around $120 on a pre-split basis. Nvidia Corp.
Nvidia's 10-for-1 stock split cut the company's share price, which sat around $1200, by 10. The split makes shares more affordable without diluting investor ...
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Chipmaker's revenue more than tripled in latest quarter as demand for its semiconductors โ used to power AI applications โ has soared over the past year.
By Emily Bary. It actually hasn't been that long since Nvidia shares last traded around $120 on a pre-split basis. Nvidia Corp.'s stock is trading Monday ...
Monday was the first trading day for Nvidia stock after a 10-for one split. Here's a look at how the AI developer's shares performed.
The last time Nvidia shares traded at $120 based on pre-split prices was in October 2022. That's another way of showing that it took Nvidia less than two years ...
Nvidia shares finished slightly higher Monday after the chipmaker's 10-for-1 stock split, and several analysts raised their price targets for the stock.
Nvidia stock nabbed a fresh batch of price-target hikes on Tuesday as the AI chipmaker continues to show strength.
AI prodigy Nvidia (NASDAQ:NVDA) stock has risen colossally from $15 (split-adjusted) when I first wrote about it to almost $121 currently.
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The company announced its stock split during its most recent earnings report, launched the operation last week, and the shares began trading at their new price ...
Artificial intelligence powerhouse Nvidia (NVDA), which also pioneered the graphics processing units (GPUs) now used in cryptocurrency mining, ...