Will Nvidia Stock Split In 2024?
Nvidia's Split History
Nvidia has a history of stock splits, with the most recent one occurring in July 2021. That four-for-one split broke each Nvidia share into four separate pieces, resulting in a post-split price of $187.
Nvidia's Current Price
As of May 20, 2024, Nvidia's stock is trading at $400 per share. This is a significant increase from the $187 post-split price in July 2021.
Why a 2024 Split is Likely
Based on Nvidia's split history and its current price, a 2024 split is likely. Nvidia has a history of splitting its stock when it reaches a certain price point, and the current price is well above that point. Additionally, Nvidia is a growing company with strong financials, which makes it a good candidate for a stock split.
Conclusion
Nvidia is a strong company with a history of stock splits. Based on its current price and its split history, a 2024 split is likely. This would be a positive event for Nvidia shareholders, as it would make the stock more affordable and accessible to a wider range of investors.
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