Current:Home > ContactNvidia stock rises in first trading day after 10-for-one split -MoneyFlow Academy
Nvidia stock rises in first trading day after 10-for-one split
View
Date:2025-04-18 14:13:00
Nvidia stock began trading on a post-split basis for the first time when the market opened Monday, seeing the 10-for-one split take effect.
Investors who held Nvidia stock at the end of trading Thursday received nine shares for every share held after market close on Friday.
On Wednesday the tech giant crossed the $3 trillion market cap threshold, becoming the second most valuable company in the world. Nvidia's market cap sat at just under $3 trillion at the end of trading Monday.
The 10-for-one split was announced along with a dividend increase in late May. The announcements accompanied strong first quarter earnings from the chip manufacturer and artificial intelligence developer.
How Nvidia stock compares pre and post-split
The stock opened Monday with the new cost basis at $120.38 per share and closed at $121.71 per share. This would translate to a value of $1,203.80 and $1,217.10 per share pre-split.
veryGood! (26)
Related
- The Best Stocking Stuffers Under $25
- How an American meat broker is fueling Amazon deforestation
- Ballon d’Or winner Aitana Bonmatí helped beat sexism in Spain. Now it’s time to ‘focus on soccer’
- Ady Barkan, activist who championed health care reform, dies of ALS at 39
- The Grammy nominee you need to hear: Esperanza Spalding
- Britney Spears' memoir 'The Woman in Me' sells over 1 million copies in the US alone
- Rep. George Santos survives effort to expel him from the House. But he still faces an ethics report
- 'Nightmare': How Category 5 Hurricane Otis shocked forecasters and slammed a major city
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Officers fatally shoot knife-wielding man at a popular California restaurant after machete attack
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- He lured them into his room promising candy, police say. Now he faces 161 molestation charges
- Wildfire in mountainous Central Oahu moves away from towns as Hawaii firefighters continue battle
- Disney reaches $8.6 billion deal with Comcast to fully acquire Hulu
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Amazon used an algorithm to essentially raise prices on other sites, the FTC says
- Connecticut police officer who stunned shoplifting suspect 3 times charged with assault
- Nevada Sen. Jacky Rosen says antisemitic threats hit her when she saw them not as a senator, but as a mother
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Emma Hernan and Bre Tiesi Confront Nicole Young Over Bullying Accusations in Selling Sunset Clip
Amazon used an algorithm to essentially raise prices on other sites, the FTC says
Authorities investigate a house fire that killed three family members in northern Maine
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Hurricane Otis leaves nearly 100 people dead or missing in Mexico, local government says
Chronic drug shortages stress hospitals and patients
Japan’s prime minister announces $113 billion in stimulus spending