) shares began trading Monday on a new 10-for-1 split basis , revising the stock from its Friday closing price of $1,208.88 to $120.88. The split means that owners of Nvidia common stock held as of the close of market on Thursday received 10 shares for each one share they held. For example, if a shareholder owned four shares of Nvidia as of Thursday, they'll now own 40 shares post-split.
CEO Jensen Huang walks onstage before the keynote address of Nvidia GTC in San Jose, Calif., Monday, March 18, 2024. "The stock split is going to make Nvidia a lot more reachable for a lot of these retail traders," Option Research & Technology Services' Matt Amberson told Yahoo Finance last Thursday.
Source: Digital Coin News (digitalcoinnews.net)
Stock Split Jensen Huang Split Basis Stock Splits
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