$NVDA stock will undergo a stock split on June 7.
Nvidia stock will undergo a stock split on Friday, June 7 this month. The specific time has not been determined yet. It should be completed after the stock market closes this week. The split ratio is 1:10, which is similar to our previous basic crypto token split.
The effects of Nvidia stock split:
1. Increase liquidity. After the split, the unit price of US stocks will be reduced by 10 times, the number of stocks will increase by 10 times, the number of individual holdings will double, and the unit price will be lower, which will not affect the overall amount of funds held. At the same time, more stock circulation after the split will bring better liquidity to the market, increase the number of holding users, and each transaction will be more flexible and convenient for trading after the split.
2. After the split, the stock price will drop, and the number of stocks will increase in the same proportion. In the case of no stock price fluctuations, the company's overall market value will remain unchanged.
3. Stock splits will bring psychologically positive effects to the market and retail investors. Many retail investors may feel that the price of a single stock after the split is cheaper, which is convenient for small-amount purchases, thereby stimulating the market's purchase volume.
4. The stock split is considered a positive. If the split is placed after the close of Friday, June 7, then on Friday, you should pay attention to Sell the news, that is, selective selling or reduction of holdings after the good news has landed. Traders should pay attention to volatility.
5. Because the positive sentiment brought by Nvidia's stock price split will extend to the AI concept tokens in the crypto market, the same volatility risk should also refer to the volatility of Nvidia's stock price on Friday. Please do not stand guard at high points.
