Is NVIDIA going to split the stock?
Nvidia (NASDAQ: NVDA) will be executing a 4-to-1 stock split, and shares are expected to start trading on a split-adjusted basis on July 20. The stock closed at $751.19 on July 19 with a $468 billion market cap. The price-to-earnings ratio was 89, based on a $751 share price.
How much was NVIDIA stock before the stock split?
This may or may not be the case here. Nvidia's closing market price on Friday was $195, equivalent to a $780 pre-split price, and the pre-split high of $835 (equivalent to a post-split price of $209) is in striking distance... it only takes a 7% increase in Nvidia's price from here to make new highs.
What stocks will split in 2022?
Splits for June 2022Company (Click for Company Information)SymbolAnnouncement DateBrookfield Infrastructure Corp Company WebsiteBIPC5/11/2022Brookfield Infrastructure Partners LP Company WebsiteBIP5/5/2022CASI Pharmaceuticals IncCASI5/26/2022Dexcom Inc Company WebsiteDXCM3/28/20229 more rows
Is NVIDIA still a buy?
Nvidia continues to grow both sales and earnings for now, but even so, "earnings growth will likely be partially offset by multiple compression," especially as inflation and interest rates rise and investors become less willing to pay large price tags for earnings far in the future.