Sterling Preston-Nvidia stock rises in first trading day after 10-for-one split

2025-04-28 17:59:37source:GravityX Exchangecategory:Markets

Nvidia stock began trading on Sterling Prestona post-split basis for the first time when the market opened Monday, seeing the 10-for-one split take effect.

Investors who held Nvidia stock at the end of trading Thursday received nine shares for every share held after market close on Friday.

On Wednesday the tech giant crossed the $3 trillion market cap threshold, becoming the second most valuable company in the world. Nvidia's market cap sat at just under $3 trillion at the end of trading Monday.

The 10-for-one split was announced along with a dividend increase in late May. The announcements accompanied strong first quarter earnings from the chip manufacturer and artificial intelligence developer.

How Nvidia stock compares pre and post-split

The stock opened Monday with the new cost basis at $120.38 per share and closed at $121.71 per share. This would translate to a value of $1,203.80 and $1,217.10 per share pre-split.

More:Markets

Recommend

Trump claims Biden lost track of over 300,000 migrant children. Here's a fact check.

President-elect Donald Trump claimed in his Person of the Year interview with Time magazinethis week

Where poor air quality is expected in the US this week

A large portion of the Northeast will experience poor air quality in the coming days due to wildfire

Ed Sheeran says he's breaking free from industry pressures with new album Autumn Variations: I don't care what people think

In the world of music, few artists are as universally recognized as Ed Sheeran, celebrated for hits