Nvidia Stock Split Speculation: Potential Announcement on May 22
Monday, 20 May 2024, 14:30
History of Nvidia Stock Splits
Nvidia's last stock split occurred amid similar circumstances. The last split in 2021 resulted in a significant rise in stock value.
Timing of Potential Announcement
If Nvidia follows historical precedence, a stock split announcement may coincide with the first-quarter fiscal year 2025 earnings release on May 22.
Impact of Stock Split
- The last split increased the share count fourfold and reduced the stock price significantly.
- Investors should not expect a 30% surge post-announcement like last time.
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