الاثنين، 10 يونيو 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

 
 
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 This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. 

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  • Strategic Recommendations: Arm yourself with actionable advice to capitalize on this opportunity. 

This exclusive report is your key to unlocking strategies that could define your trading success this year. But, it's only available for a limited time to our subscribers. 

Don't miss out on the chance to position yourself strategically in the market with our #1 Buy & Hold Stock of 2024. 

Warm regards, 

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