Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Team, I own Nividia stock , can you please break down the 10: 1 stock split and there increase in dividend . I'm looking to buy more on the split , my understanding is this going to be a very hot market come 10th June ! Cheers Craig
Hi Craig,
Congratulations on owning AI success NVDA, you beat us to this particular punch although we do anticipate joining you for the ride at some stage in 2024. We are blown away with the success of NVDA and covered on Thursday but when the stock splits we don’t see any meaningful reason for it to be overly hot on Monday night (AEST):
Importantly this is “old news” and while the volume will skyrocket on Monday, we don’t believe it will have a meaningful impact on professionals’ opinion of the stock.
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