The company's share price has soared 25-fold in the past five years.fiscal 2025 earnings report on Wednesday. The shares will begin trading on a split-adjusted basis at market open on June 10, according toStock splits do nothing to change the financial fundamentals of a company, but they make each share cheaper, which can have a psychological effect on retail investors.
Nvidia shares closed on Wednesday at $949.50. With a 10-for-one split based on that price, each share would cost $94.95, though an investor would have to buy 10 of them to own the same amount of the company as they currently get with one share. The company said that each holder of Nvidia's common stock will receive nine additional shares of common stock that will be distributed after market close on June 7. Trading will commence on June 10, the following Monday.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.
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