Nvidia Announces 10:1 Stock Split to Boost Accessibility and Attract Investors
May 31, 2024Nvidia [NASDAQ:NVDA] announces a 10:1 stock split scheduled for June 7, 2024.
The split aims to increase accessibility for employees and investors.
Strong financial performance in the AI chips market has driven share prices over $1,100.
Analysts view the split as a strategic move to enhance liquidity and attract new retail investors.
Despite not being on the Motley Fool's top 10 list, Nvidia has shown significant growth potential.
Nvidia has outperformed the S&P 500 since 2002.
Investors are encouraged to conduct their own research before making investment decisions.
Summary based on 45 sources
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Sources
Forbes • May 29, 2024
Semiconductor Tycoons Get Richer On Rising Demand For Complex Chips Needed For AIForbes • May 29, 2024
How Big Can Nvidia Get As It Threatens Apple And A $3 Trillion Market Cap?Yahoo Finance • May 29, 2024
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