Nvidia Stock Split: What Investors Need to Know

NVDA's 10-for-1 Stock Split in Effect

After much anticipation, Nvidia's (NVDA) much-awaited 10-for-1 stock split has come to fruition. Effective on June 7, investors now receive nine additional shares for every single share they previously owned.

Entering the Stock Split Zone

NVDA joins an illustrious group known as the "Magnificent 7" of mega-cap tech companies that have recently executed stock splits. This move positions Nvidia among its tech peers, solidifying its status in the tech industry's upper echelon.

Trading on a New Basis

On Monday, Nvidia shares commenced trading on the 10-for-1 split basis. The stock price was adjusted from its Friday closing price of $1208.88 to $120.88 to reflect the split.