Nvidia 10-for-1 stock split goes into effect after stock price for the chipmaker doubled this year
A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong investigative team Nigio's 10-for-1 stock split will take effect at the opening bell, giving investors nine additional shares for every one they already own. The company's stock price has doubled this year, doubling to be the third most valuable company in the S&P 500 and surpassing Apple last week. The surge in demand for its semiconductors, used to power artificial intelligence applications, has led Nvidia to surpass $3 trillion in market value.
Pubblicato : 11 mesi fa di in Finance
Nvidia’s 10-for-1 stock split will go into effect at the opening bell, giving investors nine additional shares for every one that they already own. Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it’s now the third most valuable company in the S&P 500. The meteoric ride allowed Nvidia to briefly surpass Apple last week as the second most valuable company in the U.S. Nvidia surpassed $3 trillion in market value. The chipmaker has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. The company’s revenue more than tripled in the latest quarter from the same period a year earlier.
Temi: Markets