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Company News

Nvidia’s 10 for 1 stock split

BY TIO Staff

|June 4, 2024

After the close of business on Friday 7th of June 2024, NVDA stock will have a 10 for 1 split. This will be effective from the US stock market open on Monday June 10th.

What does this mean for you?

For all clients who have exposure in NVDA stock after the close of business on Friday 7th, you will see an adjustment in your exposure and the price to reflect this event.

Equity in NVDA will be unchanged, but clients will have 10 times the number of shares at 1/10th of the price. For example, if you were long 10 shares at a closing price of $1,000 on the 7th, that will become a long of 100 shares at an opening price of $100 on the 10th.

If you have any questions, please contact our Support team.

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While research has been undertaken to compile the above content, it remains an informational and educational piece only. None of the content provided constitutes any form of investment advice.

TIO Markets UK Limited is a company registered in England and Wales under company number 06592025 and is authorised and regulated by the Financial Conduct Authority FRN: 488900

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

DISCLAIMER: TIO Markets offers an exclusively execution-only service. The views expressed are for information purposes only. None of the content provided constitutes any form of investment advice. The comments are made available purely for educational and marketing purposes and do NOT constitute advice or investment recommendation (and should not be considered as such) and do not in any way constitute an invitation to acquire any financial instrument or product. TIOmarkets and its affiliates and consultants are not liable for any damages that may be caused by individual comments or statements by TIOmarkets analysis and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his/her investment decisions. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances, or needs. The content has not been prepared in accordance with any legal requirements for financial analysis and must, therefore, be viewed by the reader as marketing information. TIOmarkets prohibits duplication or publication without explicit approval.

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TIO Staff
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