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Nvidia Stock Split? Experts See The Soaring Stock Prompting Another Split, Making It More Accessible
Nvidia Corp’s (NASDAQ:NVDA) remarkable surge has escalated its market value by over $1 trillion this year, propelling the AI leader to consider another stock split.
Following a four-for-one split in May 2021, when shares were around $600, Nvidia’s price is now approaching $1,000, building on last year’s 240% gain.
Experts believe a split could make shares more accessible, especially to small retail investors deterred by the high share price, Bloomberg reports.
Ken Mahoney of Mahoney Asset Management anticipates a potential split within the next year to attract these investors.
Without indicating ...