Nvidia (NASDAQ: NVDA) is splitting its shares 10-to-1 next week, meaning investors will own more shares of the company. But does it matter?
In this video, Travis Hoium explains why companies split their shares and how this can impact the stock in the long term.
*The stock prices used were end-of-day prices as of May 30, 2024. The video was published on May 31, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through their link, they will earn some extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.
Nvidia’s 10-for-1 Stock Split: Everything You Need to Know was originally published by The Motley Fool
