Nvidia (NASDAQ: NVDA) is splitting its stock 10-for-1 next week, which means investors will own more shares of the company. But does it matter?
In this video, Travis Hoium covers why companies split their stock and how this could impact shares long term.
*Stock prices used were end-of-day prices of May 30, 2024. The video was published on May 31, 2024.
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Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.