Investors To Receive Nine Additional Shares

Nvidia's 10-for-1 Stock Split Now in Effect

Investors to Receive Nine Additional Shares

Split Took Effect After Closing Bell on Friday

NVIDIA's 10-for-1 stock split is now in effect, giving investors nine additional shares for every one they already own. The split took effect after the closing bell on Friday, July 21st.

The stock split was announced on Wednesday in NVIDIA's fiscal first-quarter earnings report. The board of directors declared a four-for-one split of NVIDIAs common stock in the form of a stock dividend.

The split is intended to make NVIDIA's stock more accessible to a wider range of investors. It also reduces the impact of large swings in the stock price on individual investors.

NVIDIA's stock price has been on a steady upward trend in recent years. The stock hit a record high of $346.47 in November 2021.

The stock split is a positive move for NVIDIA and its investors. It will make the stock more liquid and accessible, and it could help to fuel further gains in the stock price.