Nvidia Announces 1-For-10 Forward Stock Split Effective June 7
Portfolio Pulse from Benzinga Newsdesk
Nvidia has announced a 1-for-10 forward stock split, which will be effective on June 7. This move is aimed at making the stock more accessible to a broader range of investors.
May 22, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nvidia has announced a 1-for-10 forward stock split, effective June 7. This move is expected to make the stock more accessible to a broader range of investors, potentially increasing demand and liquidity.
A forward stock split increases the number of shares available, making the stock more affordable for retail investors. This can lead to increased demand and liquidity, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100