Monday, 10 June 2024

NVDA’s 10-for-1 Stock Split (my take)

the stock price barely matters — it’s about options
 
   
     
   
 
JUNE 10, 2024
   
TUCCI’S TWO CENTS
NVDA’s 10-for-1 Stock Split (my take)
 

Today is officially Nvidia’s first day trading after its 10-for-1 stock split.

That means the price of Friday’s close has now been revised from $1,208.88 to $120.88.

Now keep in mind that a stock split doesn’t change the underlying value of the stock.

The market cap stays the same, there are just a lot more shares out there. If you owned a single share of Nvidia for ~$1,200 last week, you would own 10 shares this week each worth ~$120.

It doesn’t change the underlying market cap or value of the company in total.

What it does do; however, is lower the barrier to entry for potential investors.

— The Prosperity Pub Team

 
 
[Nvidia Unchained] The Ultimate NVDA Play

One rogue trader predicts NVDA could double within the year!

He reveals hidden “acceleration cycles” and now he’s pulling back the curtain on his top strategy for playing the NVDA stock split.


Don’t miss this exclusive opportunity — Unlock his NVDA secrets!
   
 

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