Will Nvidia Announce a Stock Split on Nov. 19?
Will Nvidia Announce a Stock Split on Nov. 19?
3 months ago
YahooKeithen Drury, The Motley Fool
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Nvidia executed a stock split last week... but what does that mean, exactly? 🤔 Essentially, the company is just taking all the existing shares and dividing them into smaller pieces. It's kind of like buying a single item for $1 that normally comes in a pack of six for $6. So why do it at all? Splitting the shares into smaller pieces also makes the price per share more palatable — which bumps up demand. (That's why you saw NVDA run up in the last couple weeks, by the way.) 📈 #investing #nvidia
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