Current:Home > MyNvidia stock rises in first trading day after 10-for-one split-DB Wealth Institute B2 Reviews & Ratings
Nvidia stock rises in first trading day after 10-for-one split
lotradecoin withdrawal View Date:2025-01-12 14:08:58
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! (3)
Related
- A teen was falling asleep during a courtroom field trip. She ended up in cuffs and jail clothes
- Twin babies who died alongside their mother in Georgia are youngest-known Hurricane Helene victims
- Garth Brooks Returns to Las Vegas Stage Amid Sexual Assault Allegations
- Watch 3-month-old baby tap out tearful Airman uncle during their emotional first meeting
- US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
- Manslaughter case in fatal police shooting outside Virginia mall goes to jury
- Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract
- What Is My Hair Texture? Here’s How You Can Find Out, According to an Expert
- A stowaway groundhog is elevated to local icon
- One disaster to another: Family of Ukrainian refugees among the missing in NC
Ranking
- Biden to designate 1908 Springfield race riot site as national monument
- Virginia teacher who was fired over refusing to use student's preferred pronouns awarded $575,000
- With 'The Woke Agenda,' Calgorithm propels California football into social media spotlight
- Anti-abortion leaders undeterred as Trump for the first time says he’d veto a federal abortion ban
- The Notebook Actress Gena Rowlands Dead at 94
- Texas man sought in wounding of small town’s police chief
- Two California dairy workers were infected with bird flu, latest human cases in US
- Eminem's daughter Hailie Jade reveals pregnancy in 'Temporary' music video
Recommendation
-
Collin Gosselin Says He Was Discharged from the Marines Due to Being Institutionalized by Mom Kate
-
Former county sheriff has been appointed to lead the Los Angeles police force
-
TikToker Mr. Prada Charged With Second-Degree Murder After Therapist Was Found Dead
-
Jurors in trial of Salman Rushdie’s attacker likely won’t hear about his motive
-
The Notebook Actress Gena Rowlands Dead at 94
-
Euphoria's Jacob Elordi Joins Olivia Jade Giannulli on Family Vacation With Mom Lori Loughlin
-
South Carolina sets Nov. 1 execution as state ramps up use of death chamber
-
Toilet paper makers say US port strike isn’t causing shortages