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Nvidia’s 10 for 1 stock split
BY TIO Staff
|June 4, 2024After 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.
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