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Or, if you started investing in NVIDIA years ago. They just had a 10-1 stock split.
by irrational 2y ago
Or, if you started investing in NVIDIA years ago. They just had a 10-1 stock split.
- jonhohle 2y agoIt’s not as if you get n shares priced at $x if you owned one share prices at $x. When a stock splits you get n shares each worth $x/n. The purpose is to lower the trading price for an individual share.
- ghaff 2y agoIt's more like a recognition that the sales price probably has gone up a lot and that management likely has some level of confidence that it will continue to increase--though that is of course not a guarantee that NVIDIA is a good investment today.
- insane_dreamer 2y agostock splits don't change the value of your holdings