Nvidia's 10-for-1 Stock Split: What You Need to Know
The Wait is Finally Over
The moment many investors have been waiting for is finally here. Nvidia (NVDA) will complete a 10-for-1 stock split after market close tomorrow. The split comes on the heels of tremendous price appreciation for the semiconductor company, with shares up over 70% this year alone.
Taking Precautions
However, Nvidia is taking precautions to ensure that the small risk of something going wrong is avoided as much as possible. For example, the company is implementing a "trade-at" ratio for the split, which means that the stock will continue to trade at a price that is 1/10th of its pre-split price. This will help to avoid any confusion or disruption in trading.
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